Indian Oil to buy 4% stake in LanzaTech

In India, reports have surfaced in local media that the Indian Oil Corporation will acquire a 4% stake in LanzaTech for $20 million, in a transaction that values the #1 ranked company in the Hot 50 at $500 million. The investment will be made through the IOC Singapore Pte Ltd subsidiary. Last July, we reported … Continue reading Indian Oil to buy 4% stake in LanzaTech