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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 Abu Dhabi conglomerate behind a near $30bn bid to buy Australian oil and gas giant Santos is a major player across the ...
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.
18h
That's all from the Trading Day blog for Wednesday, June 18. The ASX 200 index closed down 0.1 per cent at 8531.2 points amid ...
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