{"id":450102,"date":"2021-11-16T10:38:44","date_gmt":"2021-11-16T05:08:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=450102"},"modified":"2021-11-16T13:21:59","modified_gmt":"2021-11-16T07:51:59","slug":"i-squared-capital-drops-out-of-bpcl-race","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/i-squared-capital-drops-out-of-bpcl-race\/","title":{"rendered":"I Squared Capital drops out of BPCL race"},"content":{"rendered":"<p>e and lack of financial backers for the transaction, sources said.<\/p>\n<p>I Squared Capital through its Indian arm, Think Gas was among the three suitors that had evinced interest in buying the government&#8217;s near 53 per cent shareholding in BPCL.<\/p>\n<p>&#8220;The company has made a decision not to participate in the financial bidding,&#8221; a source with direct knowledge of the development said. <\/p>\n<p>&#8220;The firm has not communicated the decision yet to the government or its transaction advisor but has decided not to go ahead,&#8221; the source added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>e and lack of financial backers for the transaction, sources said. I Squared Capital through its Indian arm, Think Gas was among the three suitors that had evinced interest in buying the government&#8217;s near 53 per cent shareholding in BPCL. &#8220;The company has made a decision not to participate in the financial bidding,&#8221; a source with direct knowledge of the development said. &#8220;The firm has not communicated the decision yet to the government or its transaction advisor but has decided not to go ahead,&#8221; the source added.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-450102","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/450102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=450102"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/450102\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=450102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=450102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=450102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}