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

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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),

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

GlobalData on MSN · 1d

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

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Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos

Santos has stakes in major production facilities in Australia and Papua New Guinea.

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Santos Gets $18.72 Billion Takeover Offer From Adnoc-Led Consortium -- 2nd Update

EconoTimes · 1d

Santos Shares Soar on $18.7 Billion Takeover Bid from ADNOC-Led Consortium

Santos, Adnoc poised to announce $30b deal; JPM, Allens on ticket

It comes after Street Talk reported on Sunday that Adnoc had held preliminary talks with Santos about taking a stake in the ASX-listed business

12h

Santos’ Narrabri project is ADNOC’s trump card but east coast review shapes as potential spoiler

A promise to develop Santos’ Narrabri gas project for the domestic market could be the key piece of leverage that the Abu Dhabi consortium holds in overcoming political resistance to the $30bn takeover.

14h

'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 from Australian regulators worried about local gas supply, but could win them over with pledges to speed up new projects, analysts say.

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 FIRB and the treasurer.