Essar Group
Manufacturing
Essar group bids for Brazil's second-largest oil refinery
Indian conglomerate Essar Group made a binding offer to Brazil's Petroleo Brasileiro SA to buy the country's second largest...
Infrastructure
Trafigura books $287 mn impairment charge on stake in refiner Nayara Energy
Trafigura recorded its highest first half net profit since 2016, despite $580 million in impairments, as its oil and metals ......
TMT
Essar company to acquire Fujisoft group for boosting presence in West Asia, Africa
Essar group company AGC Networks Ltd is set to acquire Dubai-based Fujisoft group of companies to expand and increase presence...
Manufacturing
Indian refiner Nayara Energy closes $750 mn pre-payment deal with Trafigura, BP
Russian-backed Indian refiner Nayara Energy has completed a long-term pre-payment deal with BP and global commodities trader Trafigura...
General
ArcelorMittal eyes Essar port, plant; GIC, Mitsubishi vie for GMR Airports stake
Essar Group held talks with ArcelorMittal over the sale of its port and power plant at Hazira in Gujarat, The ......
TMT
AGC Networks to acquire Nasdaq-listed Black Box for $16.6 mn
Essar Group company AGC Networks Ltd has agreed to acquire US-based technology services provider Black Box Corporation for about...
Infrastructure
Essar Group sells Mumbai business park Equinox to Brookfield for $360 mn
Business conglomerate Essar Group has announced the sale of its key Mumbai property – Equinox Business Park -- to Canada’s ......
TMT
Capital Square Partners-led PE group merging Aegis BPO with NYSE-listed StarTek
Business processing outsourcing company Aegis, owned by a private equity group led by Capital Square Partners, is merging with US-based ......
Infrastructure
Essar's $350 mn realty deal with RMZ fizzles out; ace investor in talks
Business conglomerate Essar Group’s plan to sell a prime commercial property in Mumbai to southern real estate developer RMZ Corp ......
TMT
Private equity consortium seals leveraged buyout of Aegis BPO
A consortium of private equity investors led by Singapore-based Capital Square Partners has completed a leveraged buyout of Essar Group’s ......
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