CAM, TTA, JSA, Freshfields & Ors. lead on Rosneft acquisition of Essar Oil stake for $12.9 billion

Published on
2 min read

Russian oil giant Rosneft is buying a 49 per cent stake in Essar Oil. European commodities trader Trafigura and Russian fund UCP consortium will also pick up a 49 per cent stake in Essar, leaving existing promoters – the Ruia family  – with a 2 per cent stake, reported MoneyControl.

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com