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Essar Energy panel backs Ruia family's take-private offer
Essar's independent committee said on Tuesday: “Despite [our] view on valuation, because the shares offer is now wholly unconditional, Essar Energy shareholders who do not accept the shares offer will be faced with the risks and uncertainties ...
Essar committee 'reluctantly' backs hostile takeover  Telegraph.co.uk
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Reversal of fortunes for India takes toll on Essar Energy
Essar Energy's unexpected plans to delist its shares have caused immediate bad feeling among long-suffering investors, who have waited in vain for a turnround at the India-focused refinery and power group.
Essar Energy special committee hires Linklaters to study takeover offer  Telegraph.co.uk
Essar investors are bristling at 70p price of sell-off  CITY A.M.
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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.
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Rosneft leads $13bn purchase of Essar Oil
India is already the world's third-largest importer of crude oil and its demand will increase more than any other country's over the next two decades, according to the International Energy Agency. But Russia has long lagged far behind Middle Eastern ...
Rosneft, Trafigura to Spend $13 Billion to Buy Indian Refiner  Bloomberg
Rosneft, partners buy Essar Oil for $13 billion in largest FDI deal  The Indian Express
Essar Oil reports strong performance for December quarter
The promoters of Essar Oil Ltd completed the delisting process from the National Stock Exchange and Bombay Stock Exchange after agreeing to pay Rs.262.8 per share to the public shareholders.
Essar Oil says “advanced talks” with Rosneft on; no comments on Aramco stake ...  Economic Times
Essar Oil says Rosneft stake buy in advanced due-diligence  Business Standard
Essar to supply Emirates
Essar Oil (UK) Limited, which owns and operates the Stanlow Refinery at Ellesmere Port, announced it has signed its first agreement for the direct supply of aviation fuel to a commercial carrier, with a major deal having been agreed with Emirates ...
Rosneft buys stake in Essar Oil refinery in India
Mumbai-based Essar, which is controlled by the wealthy Ruia family, first sought Russian investment in 2013, when it controversially took its London-listed subsidiary, Essar Energy, private - using a $1bn loan from Moscow-based VTB Bank. Essar's new ...
Essar Oil to sell 49 per cent stake to Russia's Rosneft for $3.2 billion  Economic Times
Essar refines a new offer
Essar Oil UK is a subsidiary of Essar Energy Limited, which owns and operates the Stanlow Refinery located on the south side of the Mersey Estuary near Liverpool.
Essar Oil goes private
Oil Bidco Limited (OBL), promoter of Essar Oil Ltd (EOL), has announced the successful completion of EOL's delisting offer process, which has emerged as the largest privatisation bid in the history of corporate India, valuing EOL at INR 38 000 crore ...
In-house: Singh steps down from GC post at Indian energy giant Essar Global Fund
Raminder Singh, the London-based general counsel and chief compliance officer of Indian conglomerate Essar Global Fund Limited (EGFL), the holding company for Essar Energy, is to depart at the end of the year. Essar's most senior lawyer Singh said he ...