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Adnoc, Santos and Australia

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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· 14h · on MSN

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

GlobalData on MSN · 7h

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

7h

Abu Dhabi oil giant to sweat on $30bn Santos swoop

A $30bn takeover of Australia’s second largest oil and gas company, Santos, by Middle East giant Adnoc faces a fight to clear ...

10hon 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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