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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.
The boss of PNG’s national petroleum company says Abu Dhabi must commit to develop the $US18bn ($28bn) Papua LNG project should its blockbuster takeover for Santos proceed, ahead of a final investment ...
It comes after Street Talk reported on Sunday that Adnoc had held preliminary talks with Santos about taking a stake in the ...
Abu Dhabi National Oil Company, preparing an $18.7 billion bid for Santos , is likely to face close scrutiny from Australian ...
A promise to develop Santos’ Narrabri gas project for the domestic market could be the key piece of leverage that the Abu ...
The Abu Dhabi National Oil Company, known as Adnoc, has been in discussions with the ASX-listed business but has not put a ...
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