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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
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
Standard Life slams India's powerful Ruia family after low Essar offer  This is Money
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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.
Essar going private on cheap 'due to UK rules'  Telegraph.co.uk
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Essar Energy sells entire 50% stake in KPRL to Kenyan govt
Mumbai: Essar Group-controlled Essar Energy Overseas Ltd on Friday said it will sell its 50% stake in Kenya Petroleum Refineries Ltd (KPRL) to the government of Kenya as part of an effort to monetise non-core assets. This transaction marks Essar Energy ...
Essar Energy sells 50 pct stake in KPRL to Kenyan Government  Business Standard
Essar Power in talks with shell, GAIL for LNG to restart plants
The company, a unit of London-based Essar Energy Ltd., said last month it was considering selling some assets to help reduce more than 200 billion rupees ($3 billion) of debt.
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 Oil wins Skoch BSE Awards
Essar Oil Ltd has been awarded with the Skoch BSE Award in recognition of its energy conservation and environment management initiatives.
Russia's Rosneft to buy 49% stake in Essar Oil
Rosneft, the world's top listed oil producer, and Essar Oil & Gas Ltd/Essar Energy Holdings Ltd, companies incorporated and managed under the laws of Mauritius, had in July last year signed a non-binding Term Sheet.
Rosneft to buy 49% stake in Essar Oil  Business Standard
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 ...
Essar Power Seeks to Sell Stakes in Some Plants to Reduce Debt
The company, a unit of London-based Essar Energy Ltd., has accumulated debt across several subsidiaries that were set up to own and operate projects.
Essar plans to monetize power assets  The Hindu