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Essar Energy bid turns hostile
Essar Global Fund Limited, which controls 78 per cent of shares in the London-listed company, confirmed on Friday that it was making a formal offer to buy out the minority shareholders in the business at no premium to its previously rejected approach.
Ruias go ahead with 70 pence/share offer for Essar Energy  Reuters
UPDATE: Essar Global Fund Reaffirms Offer For Essar Energy At 70p  London South East
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Essar Energy panel backs Ruia family's take-private offer
Independent directors of Essar Energy have “reluctantly” recommended that minority shareholders accept a hostile offer from the controlling Ruia family to take the oil and power group private.
Essar committee 'reluctantly' backs hostile takeover  Telegraph.co.uk
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Reversal of fortunes for India takes toll on Essar Energy
The duo's rapid rise culminated in the float of Essar Energy in 2010, at the height of investor optimism over India's economic prospects.
Billionaire Ruia Brothers Seek Remaining Essar Energy Stake  Bloomberg
Essar Energy's largest shareholder says in talks to buy out firm  Reuters UK
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Energy Bidco Holdings Limited, Essar Global Fund Limited Proposed Acquisition ...
On 14 March 2014, Essar Capital Limited, the dedicated investment manager for Essar Global Fund Limited ("EGFL"), announced a proposed cash acquisition by an indirect wholly-owned subsidiary of EGFL, Energy Bidco Holdings Limited ()Bidco"), of the ...
Essar Global Extends Closing Date On Essar Energy Takeover Offer  London South East
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Essar Global Fund Limited and Energy Bidco Holdings Limited Shares Offer for ...
On 14 March 2014, Essar Capital Limited, the dedicated investment manager for Essar Global Fund Limited ("EGFL"), announced a proposed cash acquisition by an indirect wholly-owned subsidiary of EGFL, Energy Bidco Holdings Limited ()Bidco"), of the ...
Essar Global Closes Essar Energy Takeover Offer  London South East
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Essar Energy to exit Kenya Petroleum Refineries Ltd
KOLKATA: Essar Energy plc, the India-focused integrated energy company, announced that it intends to exit from its 50% owned joint venture business Kenya Petroleum Refineries Ltd (KPRL), which operates the oil refinery in Mombasa, Kenya.
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Essar Energy independent directors reject Ruia take-private offer
Essar Global Fund Limited, the investment vehicle of the billionaire Ruias, one of India's richest families, this month unveiled an informal offer for the 22 per cent of the London-listed company they do not already own, at a price of 70p a share ...
UK-based Essar Energy rejects takeover bid by majority owner Ruias  Business Today
Ruia family's Essar Energy proposal rejected  Evening Standard
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Essar Energy plc: Essar Oil Ltd: financial results for Q3 2013-14
Essar Energy, through its subsidiaries, owns one of India's fastest growing private sector oil and gas companies with a diverse portfolio of exploration and production assets.
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Essar Energy's exit from Kenya refinery to get stalled
Ruias-owned Essar Energy, listed on London Stock Exchange, could face trouble in its proposed pullout of Kenya Petroleum Refineries Ltd (KPRL), which runs an old and loss-making crude oil refinery in Mombasa, as the Kenyan government has raised ...
ESSAR ENERGY PLC : Essar Oil Ltd: financial results for H1 2014
October 25, 2013: The release linked to this announcement was issued today by Essar Oil Limited to the Bombay Stock Exchange and the National Stock Exchange of India.
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