Essar Energy to raise up to USD 3 bn; list on LSE: P Ruia

London: Ruias-led Essar Group today announced that it will launch its first share sale offer, the largest by an Indian entity, of its energy businesses to raise up to USD 3 billion (over Rs 13,500 crore) and list the same on the London Stock Exchange.Announcing the intention to go with the public offer, Essar Energy Vice Chairman Prashant Ruia said that offering of20-25 per cent shares in the entity would be to institutional investors in the UK for which it has sought regulatoryapprovals.'This....




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