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Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
Abu Dhabi National Oil Co. has made an $18.7 billion offer for Australian fossil fuel producer Santos Ltd., in one of the most audacious overseas moves yet by the Middle Eastern company as it seeks to expand its production of liquefied natural gas.
Adnoc-led consortium swoops on Santos in US$18.7 billion takeover offer
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Four board members including the company’s chairman acquired the shares in March in the weeks before the first, unsuccessful ...
The near $30bn takeover bid for oil and gas giant Santos has cast more uncertainty over the company’s $3.6bn Narrabri Gas ...
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It comes after Street Talk reported on Sunday that Adnoc had held preliminary talks with Santos about taking a stake in the ...
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