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ESSAR AMERICAS
Essar Capital names Anil Kumar Chaudhary as Chief Executive Officer for metal and mining verticalEssar Capital’s metals and mining business is at an advanced stage of developing and executing projects in India and the US. It is foraying...- Bank of America ML sole bidder for SBI’s Essar Steel debtSBI’s loans to Essar were under different heads, including working capital, term loans and corporate loans.
- Essar Group CIO Jayantha Prabhu to also head India business for AGC NetworksAs the CIO of Essar Group Companies, Jayantha established the technology vision and transformed various business processes by adopting mobi...
- BPO firm Aegis looking at acquisitions in South America, AsiaOutsourcing services firm Aegis is looking at acquisitions in South America and Asia to enhance offerings and expand skills portfolio.
- Essar Americas to invest $1.6 billion for pellet plant in USEssar Americas, a unit of Essar Steel, will invest $1.60 billion (about 8,320 crore) to build a pellet plant in the US.
- Essar Ports soars 20 pc on positive rating actionThe stock considerably outperformed the broader market trends, as the benchmark Sensex fell nearly 100 points to settle at 17,705.01, point...
- BofA initiates Essar Ports with a 'Buy'; shares up 20%Bank of America has initiated coverage on Essar Ports with a ‘Buy’ with a target price of Rs 89, citing 1.8 times increase in port capacity...
- Essar's takeover story a template for other cosEssar’s negotiating officer realised that small allowances would go a long way in assuring the anxious workers of Algoma Steel that the Ind...
- Essar Steel defers bond sale on Euro debt crisisEssar Steel Holdings postponed a sale of dollar-denominated bonds amid rising investor concern over contagion from Europe’s debt crisis.
- Essar Steel defers bond sale on Euro debt crisisEssar Steel Holdings postponed a sale of dollar-denominated bonds amid rising investor concern over contagion from Europe’s debt crisis.
- Essar Group mulls acquiring iron ore and coal mines abroadRuias-promoted Essar Group is scouting for iron ore and coal assets for acquisition in Africa and South America.
- Essar pulls out of Esmark raceSeverstal has launched a fresh offer of $19.25 a share, 25 cents higher than Essar’s renewed bid, and has signed a definitive merger agreem...
- Essar Steel increases offer for EsmarkEssar Steel Holdings on Tuesday informed the Esmark board about its enhanced offer, which is higher by $2 a share or 11.7%, over its previo...
- Essar faces Russian roadblock in US acquisitionAnother bidding war seems to be brewing in the steel sector with Indian conglomerate Essar group's $1.1 billion takeover offer for Esmark o...
- Severstal matches Essar offer for EsmarkOAO Severstal, Russia’s largest steelmaker, on Tuesday matched the Essar group’s offer to buy the US-based steel company Esmark for $17 a s...
- Essar resolves Minnesota impasse, says no refinery in IranEssar Group has resolved the uncertainty on its steel project in Minnesota by pledging not to make any investment in Iran without the Unite...
- Essar completes buyout of Minnesota SteelEssar Steel will now begin planning for construction of the $1.6 billion project which is likely to go on stream by early next year.
- Essar Global may invest $6b in steel capacity expansionEssar Global, the Ruias’ international holding company, is expected to invest over $6 billion over the next five years to increase steelmak...
- Essar completes acquisition of AlgomaEssar Global has completed acquisition of Canadian steel maker Algoma for $1.58 billion.
- Ruias to raise $900 m to fund Algoma buyEssar Global, the international holding company for the Ruias, will raise $900 million through a combination of senior notes and loans to f...
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