Imperial Energy Plc rose the most in 4 months in London trading after Russia’s antitrust agency approved its 1.4 billion-pound ($2.2 billion) takeover by India’s ONGC. For full story, click here For Imperial’s website, click here
Indian exploration company, ONGC, has said the present financial crisis will not affect its plans to buy UK’s Imperial Energy Plc for £1.4 bn. ONGC Chairman, R S Sharma, said: We’ll not be entirely dependent on the bridge loan….That was as a matter of due diligence that we wanted to have bankers also, those who [...]
Imperial Energy reported that it had received a second takeover approach from India and China oil giants. For more news, click here
Independent oil and gas group Imperial Energy Corp. PLC confirmed that it has received an approach related to another “possible cash offer” for the company. For full news, click here
Imperial Oil’s second-quarter profit of $1.15 billion, up from $712 million a year ago. For full news, click here
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