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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
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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.
Billionaire Ruia Brothers Seek Remaining Essar Energy Stake  Bloomberg
Essar Energy special committee hires Linklaters to study takeover offer
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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 Global Fund Reaffirms Offer For Essar Energy A  London South East
Ruias go ahead with 70 pence/share offer for Essar Energy  Reuters
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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 refinery exit awaits Cabinet sanction
The Government says an agreement has been reached on contentious issues that have stalled the exit of its co-shareholder Essar Energy from the Kenya Petroleum Refineries Ltd (KPRL). Cabinet Secretary for Energy and Petroleum Davis Chirchir yesterday ...
Essar Energy committee asks minority shareholders to reject bid
The committee, appointed by the company in February, also said proposed changes to UK listing rules could make it more difficult to delist the company.
Essar investors step up attack on Ruias  Financial Times
Essar's Minority Investors Hire Legal Adviser  Wall Street Journal
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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 Oil UK refinances $475-million loan
Mumbai: Essar Group-controlled Essar Oil UK, which owns and operates the Stanlow Refinery in Ellesmere Port in northwest England, has refinanced a loan worth �300 million (about $475 million).
Essar Oil UK secures new long-term working capital facilities for Stanlow ...  Business Standard
ONGC, Essar Energy arm strikes gas in Mumbai High
According to sources close to the development, the consortium of ONGC and Essar Exploration and Production Ltd (Mauritius) has filed details of the discovery with the Directorate General of Hydrocarbons (DGH).
ONGC-Essar consortium strikes gas in Mumbai High  Indiainfoline
The curious case of Essar Oil's share price
"Rosneft and Essar Oil & Gas Ltd / Essar Energy Holdings Ltd, companies incorporated and managed under the laws of Mauritius, have signed a non-binding Term Sheet with regard to Rosneft's participation in the equity capital of Essar Oil Ltd with a ...
Rosneft buys stake in Essar Oil refinery in India  Financial Times