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Essar Oil hits the roof after disclosing delisting floor price
After de-listing Essar Energy plc from London Stock Exchange (LSE), the Essar Group on Friday, 20 June 2014, had announced their intention to de-list Essar Oil from Indian bourses.
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IiAS wants investors to vote for delisting of Essar Oil
At this floor price, the Essar Group will need to spend Rs 1,480 crore to acquire all outstanding shares. The delisting of Essar Oil follows the delisting of the parent company, Essar Energy Plc, from the UK stock exchanges. The Essar Group plans to ...
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Owners of refinery near Chester deny sales rumour
Essar Energy has embarked on an estimated US$100 million cost improvement programme at Stanlow to ensure the business is able to weather this period of exceptionally poor refining margins.
Essar Oil fixes delisting floor price at INR 108.15
After taking Essar Energy Plc private from the London Stock Exchange, the Essar group has proposed to delist Essar Oil. Promoters Essar Energy Holdings wants to buy back from the public about 13.7 crore shares that it doesn't own in Essar Oil.
DIARY - WEU EARNINGS Events - Part 3
... GB AMLIN PLC INTERIM 18 Aug NL ASTARTA HOLDING NV Q2 18 Aug FI ASPO OYJ Q2 18 Aug GB BOVIS HOMES GROUP PLC INTERIM 18 Aug GB CLARKSON PLC INTERIM 18 Aug GB BMO ESSAR ENERGY PLC TRADING 18 Aug NO FARSTAD ...
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Deals of the day- Mergers and acquisitions
The Australian Financial Review in an online report saidGlencore Plc is understood to have made an "informalapproach" that could value graphite and vanadium prospectorSyrah Resources Ltd at up to A$2 billion ($1.89billion).
Dollar Debt Lures Tata, JSW as Rupee Stabilizes: Corporate India
Essar Oil, the group's energy unit, said earlier this year that it is �dollarizing� its rupee debt to reduce interest costs and had plans to convert the equivalent of $1.3 billion of its rupee-denominated debt into dollars.
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Essar Energy Plc To Exit Kenya Petroleum Refineries Ltd