Technoglitch
Core Member
"Oil Bidco (Mauritius) Ltd, promoter of Essar Oil (EOL), is pleased to announce the successful completion of EOL's delisting offer process, which has emerged as the largest privatisation bid in the history of corporate India, valuing EOL at Rs 38,000 crore of market capitalisation", the company said in a statement.
With this transaction, Essar ranks among one of the world's largest privately-held conglomerates with large-scale, world-class operations across the globe, spanning oil refining and marketing, power, steel, ports, shipping, EPC and BPO. Essar businesses have revenues of over USD 35 billion and employ more than 60,000 people. The group's flagship Essar Oil operates the 20 million tonnes (MT) Vadinar refinery. Essar Power has a generation capacity of 6,700MW. Essar Steel has a capacity of 14 MT. Essar Ports operates terminal services with aggregate capacity of 120 MT. Essar Projects is a leading EPC contractor.
Essar Oil completes its delisting process - Moneycontrol.com
With this transaction, Essar ranks among one of the world's largest privately-held conglomerates with large-scale, world-class operations across the globe, spanning oil refining and marketing, power, steel, ports, shipping, EPC and BPO. Essar businesses have revenues of over USD 35 billion and employ more than 60,000 people. The group's flagship Essar Oil operates the 20 million tonnes (MT) Vadinar refinery. Essar Power has a generation capacity of 6,700MW. Essar Steel has a capacity of 14 MT. Essar Ports operates terminal services with aggregate capacity of 120 MT. Essar Projects is a leading EPC contractor.
Essar Oil completes its delisting process - Moneycontrol.com