India: Essar Group said to near sale of $6.5b refinery unit

India: Essar Group said to near sale of $6.5b refinery unit

Visual sourced from Livemint.com

Essar Group, controlled by India’s billionaire Ruia brothers, is nearing a final agreement to sell control of its refinery unit to Russian energy giant Rosneft PJSC and commodities trader Trafigura Group Pte, people with knowledge of the matter said.

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