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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.
Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 ...
Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...
Australia’s second largest oil and gas producer has received an almost $30b takeover offer from a group led by the Abu Dhabi ...
Santos is likely to be swallowed up by a consortium led by Abu Dhabi’s national oil company in a takeover worth $30 billion.
Abu Dhabi’s state-owned oil company is leading a US$18.7 billion takeover bid for Australian energy group Santos as it seeks to build a global natural gas giant, the two firms said Monday. Santos’ ...
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