November 07, 2015

Essar Oil Delisting Price to Match Russian Buyer s Acquisition Rate

http://www.rareindianshares.info/2015/12/essar-oil-delisting-floor-price-14605-p.html

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Rosneft is reportedly buying a 49 per cent stake in Essar Oil for $2.8 billion (Rs 18,500 crore), valuing the company at $5.7 bn (Rs 37,600 crore).

In comparison, Essar Oil’s market capitalisation on Friday was $4.1 bn (Rs 26,800 crore).


Source ---

http://www.business-standard.com/article/markets/sebi-directs-essar-oil-to-match-rosnefts-price-for-delisting-115110600926_1.html


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Essar Oil Delisting Terms Soon


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General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings  in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts including this information . No responsibility taken by this author / blog . )


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