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ADNOC leads $18.7 billion proposal to buy Australia's Santos

Reuters on MSN · 2d

ADNOC leads $18.7 billion proposal to buy Australia's Santos in LNG push

Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC),

Financial Times · 2d

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.

The Asset · 18h

Adnoc-led group makes US$18.7 billion bid for Australia‘s Santos

A consortium led by Abu Dhabi National Oil Company (Adnoc) has launched an all-cash US$18.7 billion takeover bid for ASX-listed energy company Santos.

35m

Bidder XRG says it wants ‘100pc’ of Santos amid break-up speculation

In an attempt to pre-empt Canberra’s concerns, the Middle Eastern-led bid group says it plans to invest in Santos’ domestic ...

1h

Santos deal wins L1 Capital’s nod as Abu Dhabi suitor ADNOC spruiks supply

Top Santos shareholder L1 Capital has backed the $30bn takeover mounted by Abu Dhabi’s ADNOC for the Australian energy ...

6don MSN

Woodside, Santos, and this ASX energy stock are storming higher on oil price jump

It has been a good day for ASX energy stocks on Thursday. Why are investors scrambling to buy them? Let's find ...

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