GOA, India -- A consortium led by Russian state-owned oil giant Rosneft agreed on Saturday to acquire a 98% interest in Essar Oilfrom India's debt laden Essar Groupfor over $10 billion. Though the deal is structured to limit Rosneft's shareholding ... Nikkei Asian Review, 1 month ago
Russia's Rosneft & Co acquire Essar Oil in Rs 72,800-cr deal - Chandigarh Tribune, 1 month ago
Rosneft-led consortium buys Essar Oil for Rs 72,800 cr - United News of India, 1 month ago
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The lenders invoked corporate guarantees by Essar's offshore holding company. Essar Global Fund Ltd, a Cayman Islands-based operation owned by the Ruia family, which owns and operates Essar Group and its subsidiaries, the Economic Times reported. ...Prairie Business, 2 days ago Deals Buzz: ICICI Bank, other lenders sue Essar for default in US project Livemint.com, 4 days ago Indian lenders sue Essar for default in US Project Economic Times, 4 days ago Essar's lenders concerned over Rosneft transaction Smart Investor, 1 month ago
Reuters NEW DELHI A group led by Russian oil major Rosneft will acquire India's Essar Oil in a $12-$13 billion deal including debt, two sources privy to the deal said, giving the Kremlin access to the South Asian nation's growing fuel market. ...Qatar Tribune, 1 month ago Rosneft, others to buy 98% of Essar Oil in $13bn deal Times of India, 1 month ago Rosneft to acquire India's Essar Oil Fuels and Lubes, 1 month ago Russia's Rosneft, partners to invest around $12.9 billion in India's Essar Oil: CEO Reuters UK, 1 month ago
Russia's biggest oil company Rosneft is expected to acquire India's Essar Oil in a multi-billion-dollar deal Benaulim, Goa: Russian president Vladimir Putin and Indian Prime Minister Narendra Modi are set to seal energy and defence deals on Saturday ...Livemint.com, 1 month ago India, Russia sign defence, energy deals worth billions Gulf Times, 1 month ago How Modi, Putin saved a $13 billion deal Essar signed with Russian oil giant India Today, 3 weeks ago WRAPUP-India and Russia sign energy, defence deals worth billions Business Insider, 1 month ago
Rosneft's Essar Oil acquisition in India underscores the company's turnaround and expansion drive, two years after Russia President Vladimir Putin bailed out the firm Moscow/London: Two years ago, the Kremlin's oil flagship was foundering, hit by ...Livemint.com, 1 month ago Russia's Rosneft, partners to acquire controlling stake in India's Essar Oil for $12.9bn Energy Business Review, 1 month ago Rosneft, Trafigura sign pact for picking 98% in Essar oil Smart Investor, 1 month ago Rosneft-led group acquires Essar Oil for nearly USD 13 bn Deccan Herald, 1 month ago
Trafigura Group's purchase of 24 percent of Essar Oil marks a strategic shift as the trading house builds its position in the fast-growing Indian market and deepens ties with Russia's Rosneft PJSC. Part of a $13 billion deal spearheaded by Russia's ...Bloomberg, 1 month ago Trafigura bolsters Rosneft ties with India firm buyout Gulf Times, 1 month ago Essar deal deepens Trafigura's Rosneft, India ties Livemint.com, 1 month ago
Moscow The deal, to acquire a 19.5 percent stake in Rosneft from the Russian state, suggests the lure of taking a share in one of the world's biggest oil companies outweighs the risks that come with Western sanctions imposed on Russia over the ...IOL, 2 days ago Glencore, Qatar Investment Authority to buy 19.5... Qatar Peninsula, 2 days ago Italian bank Intesa to help fund Rosneft deal for Glencore and Qatar - sources Sify, 2 days ago Russia Is Selling a Big Chunk of This State-Controlled Oil Giant Fortune, 2 days ago
More from: CNBC, Dotemirates.com...and 11 other sources
India's debt-laden Essar Group confirmed on Saturday that it has agreed to sell a 98 percent interest in its Essar Oil unit to a consortium led by Russia's Rosneft, giving the energy giant a gateway into the world's fastest growing fuel market.Yahoo! India, 1 month ago Rajnandgaon to get medical college, sports stadium Yahoo! India, 1 month ago Several skill development programmes rolled out for youth and women Yahoo! India, 1 month ago Looting in Haiti after Matthew Yahoo! India, 1 month ago
Essar Oil's Vadinar refinery in Gujarat The $12-billion deal between Essar Oil and a consortium led by Russian oil major Rosneft is likely to increase consumer-focused services and dynamic pricing in fuel retailing, according to industry experts. ...Smart Investor, 1 month ago Rosneft deal: Billionaire Ruia brothers' stake in Essar Oil may fall below 10% Economic Times, 1 month ago Rosneft deal: Ruia stake in Essar Oil may fall below 10% Economic Times, 1 month ago
The Indian equity market started the day on a cautious note and closed lower on weak global cues, profit booking and a weak rupee dampened the sentiment. The Sensex hit a 14-week low, while the Nifty hit its lowest level in more than 10 weeks. The ...India Infoline, 1 month ago Sensex ends 144 points lower; ICICI Bank surges 7% Smart Investor, 1 month ago
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