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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 going private on cheap 'due to UK rules'
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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 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
Essar Oil UK to open 400 retail outlets in 3 yrs
He said that Essar Energy Ltd had acquired Stanlow Refinery in 2011, which was struggling at that time. In the fiscal year 2015-16, the company recorded its highest-ever gross refining margin of $9.3 per barrel, increased from $8.3 per barrel during ...
Essar Oil UK posts record net  Hindu Business Line
Rosneft, Essar Oil stake sale deal may include exploration and production assets  Livemint
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
Essar Oil gets stock exchanges go ahead for delisting
Essar Energy Holdings Ltd's January 2007 plan to delist the company in order to gain higher "flexibility in the operations and management of the company" failed due to protest from minority shareholders.
Opening Bell | Essar Steel, JSW Energy, Heineken in news
Essar Steel Ltd shares will be under pressure as the steel maker is seeing early signs of a turnaround but is yet to conclude its plans to bring in a new investor and continues to negotiate with banks to complete the refinancing of its debt, reports Mint .