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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.
It comes after Street Talk reported on Sunday that Adnoc had held preliminary talks with Santos about taking a stake in the ...
A promise to develop Santos’ Narrabri gas project for the domestic market could be the key piece of leverage that the Abu ...
Abu Dhabi National Oil Company, preparing an $18.7 billion bid for Santos , is likely to face close scrutiny from Australian ...
The Abu Dhabi National Oil Company, known as Adnoc, has been in discussions with the ASX-listed business but has not put a ...
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 ...
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