Acquiring Company
Bharat PetroResources Limited
Acquired Company
Videocon
Description
Bharat PetroResources Limited has successfully acquired Videocon's entire shareholding in IBV Brasil Petroleo Limitada, making it a wholly owned subsidiary. The acquisition formalizes ownership and rebrands the entity as BPRL Brasil Limitada. This move is part of BPCL's strategic expansion in the oil and gas sector, aiming for increased operational efficiency and project development.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Videocon?
Videocon was acquired by Bharat PetroResources Limited, based in New Delhi. The deal was reported on August 22, 2026. Bharat PetroResources Limited is a subsidiary of Bharat Petroleum Corporation Limited. It focuses on upstream oil and gas exploration and production. Bharat PetroResources Limited is privately held and operates in Energy.
When did Bharat PetroResources Limited acquire Videocon?
Bharat PetroResources Limited's acquisition of Videocon was reported on August 22, 2026. Bharat PetroResources Limited has successfully acquired Videocon's entire shareholding in IBV Brasil Petroleo Limitada, making it a wholly owned subsidiary. The acquisition formalizes ownership and rebrands the entity as BPRL Brasil Limitada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Videocon do?
Videocon is a major Indian conglomerate with diversified interests, including consumer electronics, oil and gas, and telecommunications. It has a significant presence in various sectors both in India and internationally. It is privately held, operating in Energy, and is based in Mumbai.
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