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

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),

Bloomberg · 2d

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.

GlobalData on MSN · 2d

ADNOC leads $18.7bn takeover bid for Australia’s Santos

Santos, an Australian oil and gas producer, has announced the receipt of a non-binding indicative proposal from a consortium led by the Abu Dhabi National Oil Company (ADNOC) to acquire all the ordinary shares of Santos through an arrangement process.

14h

Has the Santos takeover handed the government a gift on energy security?

Cash offer to Santos from the Abu Dhabi National Oil Company is understood to be the richest in history. But some are ...

Major Santos shareholder L1 Capital backs $36b takeover

L1 Capital has delved into the problem of how to unlock value from Santos for years, so it’s telling that it supports the ...

Explained: Santos and bidder Abu Dhabi National Oil Company are two giants in their regions

The Abu Dhabi conglomerate behind a near $30bn bid to buy Australian oil and gas giant Santos is a major player across the Middle East and Africa, with projects ranging from gas exploration and ...

'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 ...

10h

Santos' Barossa LNG project progresses towards final commissioning plans

Santos said on Wednesday it had progressed its Barossa LNG project towards final commissioning activities following the arrival and deployment of a floating production, storage and offloading (FPSO) ...

Australia News Live: Santos shares jump 12% on $30 billion takeover bid as energy stocks lift Australian market

Welcome to our live blog tracking the latest news and developments from Australia. Stay updated with real-time insights into ...

Santos’ $36b mega deal creates a mega test for Jim Chalmers

The company has landed the largest ever cash deal in the global energy sector. The only problem is getting the bid past the ...

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