Essar Global Fund Offers 70p/Shr for Essar Energy Shrs
2014-02-16 17:45:57.781 GMT
By John Simpson
Feb. 16 (Bloomberg) -- Also offers 80 cents/shr for 4.25%
convertible bonds due 2016, Essar Energy says in e-mailed
statement.
* Essar Global already owns 78.02% stake
* Essar forms independent board committee to consider terms
* NOTE: Earlier, Essar Board Should Protect Minority Holders,
Standard Life Says NSN N136646JTSEH <GO>
* NOTE: Feb. 14, Essar Global Confirms Mulling Bid for
Remainder of Essar Energy NSN N0ZUXP6TTDUF <GO>
Link to statement: {NSN N13PRX199ERU <go>}
Link to Company News:ESSR LN <Equity> CN <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the editor responsible for this story:
John Simpson at +1-416-203-5726 or
jsimpson12@bloomberg.net
2014-02-16 17:45:57.781 GMT
By John Simpson
Feb. 16 (Bloomberg) -- Also offers 80 cents/shr for 4.25%
convertible bonds due 2016, Essar Energy says in e-mailed
statement.
* Essar Global already owns 78.02% stake
* Essar forms independent board committee to consider terms
* NOTE: Earlier, Essar Board Should Protect Minority Holders,
Standard Life Says NSN N136646JTSEH <GO>
* NOTE: Feb. 14, Essar Global Confirms Mulling Bid for
Remainder of Essar Energy NSN N0ZUXP6TTDUF <GO>
Link to statement: {NSN N13PRX199ERU <go>}
Link to Company News:ESSR LN <Equity> CN <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the editor responsible for this story:
John Simpson at +1-416-203-5726 or
jsimpson12@bloomberg.net