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ADNOC, Santos and Australia

Reuters on MSN · 4d

Australia's Santos receives $18.7 billion takeover bid from ADNOC-led consortium

By Scott Murdoch (Reuters) -Australian oil and gas producer Santos said on Monday it intended to support an $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC).

Financial Times · 4d

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.

Bloomberg · 4d

Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos

Abu Dhabi National Oil Co. made an $18.7 billion offer for Australian fossil fuel producer Santos Ltd., the latest move by the Middle Eastern company to expand production of liquefied natural gas.

Arabian Post on MSN4h

Abu Dhabi Bid For Santos Sparks Energy Sovereignty Debate

Santos Ltd's board of directors has endorsed a US $18.7 billion cash offer from an Abu Dhabi-led consortium, pledging ...

3d

'Deep Pockets' Could Help Abu Dhabi Win Regulatory Approval for Santos Bid, Analysts Say

SYDNEY (Reuters) -Abu Dhabi National Oil Company, preparing an $18.7 billion bid for Santos, is likely to face close scrutiny ...

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