Oil Investing News » Russia sets no terms on OVL’s Imperial buy

Russia sets no terms on OVL's Imperial buy

November 26, 2008 @ 7:23 am In Oil Company News

In a boost to ONGC Videsh's bid to buyout Imperial Energy, Russia said it will not set any pre-condition like a stake for its state-run firms in exchange for giving approval to the acquisition.

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[1] here: http://economictimes.indiatimes.com/articleshow/3757532.cms