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Santos, ADNOC and Abu Dhabi

Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos

Adelaide-based Santos said that XRG, comprised of the Abu Dhabi National Oil Company, Abu Dhabi Development Holding Company and US private equity fund Carlyle, had tabled an indicative cash offer of US$5.76 a share — equivalent to A$8.89 — which represented a 28 per cent premium to the company’s closing share price last week.

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Abu Dhabi sets up test for Labor with $36b Santos takeover bid

· 1d · on MSN

Santos shares soar over 15% on ADNOC-led group's $18.7 billion takeover bid

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Santos’ $30bn Abu Dhabi takeover could put Queensland gas juniors in the fast lane

Santos could see minted Middle East interests plow cash into Queensland gas scene, and that could be ... Read More The post ...

22hon MSN

Factbox-Australia's Santos Targeted by ADNOC-Led Consortium

Santos is a major producer of gas for the domestic market in Western Australia, with stakes in two offshore oil fields, Van ...

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