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BRIEF-Essar Oil chairman says new company will take on most of the existing debt
August 21, 2017 / 9:11 AM / 3 months ago

BRIEF-Essar Oil chairman says new company will take on most of the existing debt

Aug 21 (Reuters) - Essar Oil Chairman Tony Fountain says:

* Combined vision is to strengthen financial backbone of the company

* New company will take on most of the existing debt (Reporting By Promit Mukherjee)

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