Profile

• Founded in 2004, Imperial Energy is listed on the London Stock Exchange

• The UK firm operates mainly in Russia and CIS states

• It has expanded by acquisition and acquired exploration and production licences, mainly in the Tomsk region of Western Siberia, Russia

• Imperia• made oi• sales of $19.9 million and an operating loss of $39 million in 2007

UK is India Inc’s shopping mall

The UK has turned out to be a fertile ground for takeovers by Indian companies. Here are some of the major takeovers by Indian firms in the UK in the last two years:

• Tata Steel bought steel firm Corus group for $12 bn to become the fifth largest steel maker in the world in January 2007

• Tata Motors acquired luxury car maker Jaguar Land Rover in a $2.3-billion deal in March 2008

• Mallya’s UB group bought Scottish spirit maker Whyte & Mackay for $ 1.18 billion in May 2007

•Infosys has bid for SAP consultant Axon for $753 million in August 2008