Essar Oil Limited

Ex-Essar Oil shareholders to get additional Rs 75.48 per share

This is additional payout over and above price of Rs 262.80 per share paid to shareholders at the time of delisting.

Essar to trim 67 per cent of Rs 1.05 trillion debt with Rosneft deal

Essar Group director Prashant Ruia described debt reduction of Rs 70,400 crore as largest in history of corporate India.

Essar Oil-Rosneft deal bars Ruias from re-entering oil refining in India

However, the Ruias will continue to run their refinery in Britain wherein they has 9 million tonne facility at Stanlow.

Essar Oil CEO resigns as Rosneft takes over after USD 12.9 billion deal

Rosneft and its partners restructured the board of the company, packing it with their representatives.

Merger and acquisition activity to touch $ 56.2 billion

The largest transaction of 2016 was the USD 12.9 billion acquisition of Essar Oil Limited.

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