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News

Santos, Abu Dhabi and Australia

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 · 1h
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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 · 3m
Santos directors bought shares ahead of Abu Dhabi takeover bid
Free Malaysia Today on MSN · 3h
Abu Dhabi state oil firm makes US$18.7bil bid for Australia’s Santos
Malay Mail
5h
Abu Dhabi’s state oil giant bids US$18.7b for Australia’s Santos amid global race for natural gas stakes
Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 ...
7hon MSN
Middle East major lobs $30b takeover bid for Australian oil and gas giant
Santos is likely to be swallowed up by a consortium led by Abu Dhabi’s national oil company in a takeover worth $30 billion.
5d
Adnoc Is Evaluating Possibility of Buying Some BP Assets
Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...

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