In how many billion pounds is OVL acquing Emperial Energy?
Asked by ramkrishna, 07 Mar '09 10:49 pm
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The boards of ONGC Videsh (OVL) and Imperial Energy announced that they hade reached an agreement on the terms of a recommended pre-conditional cash offer, to be made by Bidco, for acquiring the UK-based company. Bidco also offered to acquire the Imperial Energy convertible bonds. The two offers together value Imperial Energy at about 1.4bn ($2.).Answered by Deepak Joshi, 14 Mar '09 03:46 pm
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