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Santos, ADNOC and Abu Dhabi

Australian Financial Review · 33m

Market debates whether Abu Dhabi will help or hinder Santos’ ambitions

While some brokers said a well-funded backer would accelerate projects in Narrabri and Beetaloo, others are concerned they will suffer as focus drifts elsewhere.

Financial Times · 20h

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.

CNBC on MSN · 1d

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

Santos shares surged over 15% following a $18.7 billion takeover bid by a consortium led by a unit of Abu Dhabi's National Oil Company. The consortium also includes the Abu Dhabi Development Holding Co and global private equity firm Carlyle Group.

Stockhead on MSN9h

Santos’ $30bn Abu Dhabi takeover could put Queensland gas juniors in the fast lane

Santos could see minted Middle East interests plow cash into Queensland gas scene, and that could be ... Read More The post ...

1don 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 ...

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