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Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos
Santos said XRG, an investment arm of the Abu Dhabi National Oil Company, had made an indicative cash offer of $5.76 a share, valuing the Adelaide-based company at $18.7bn. It represents a 28 per cent premium to Santos’s closing share price last week.
But the offer for the ASX’s second-largest oil and gas producer has been met with a lukewarm reception from investors, who ...
Abu Dhabi National Oil Company, preparing an $18.7 billion bid for Santos , is likely to face close scrutiny from Australian ...
Top Santos shareholder L1 Capital has backed the $30bn takeover mounted by Abu Dhabi’s ADNOC for the Australian energy ...
The pull of LNG is proving strong in the Middle East, driving the surprise takeover bid for an Australian producer that ...
A UAE-led consortium of investors has made a nearly $30bn bid to take over Australian-listed oil and gas producer Santos.
Santos’s buyout by the Abu Dhabi National Oil Company and The Carlyle Group for almost $30bn is likely to add share price ...
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