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

· 1d · on MSN

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

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

23m

Is Santos’ deep-pocketed bidder the white knight needed by Australia’s domestic gas industry?

UBS says the offer is “a potential solution” to the east coast’s long term gas supply challenges, but others are urging caution.

2h

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 ...

2d

Abu Dhabi’s oil giant sets its sights on Santos, mulls formal tilt

The Abu Dhabi National Oil Company, known as Adnoc, has been in discussions with the ASX-listed business but has not put a ...

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