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Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
Abu Dhabi National Oil Co. has made an $18.7 billion offer for Australian fossil fuel producer Santos Ltd., in one of the most audacious overseas moves yet by the Middle Eastern company as it seeks to expand its production of liquefied natural gas.
Adnoc-led consortium swoops on Santos in US$18.7 billion takeover offer
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Santos shares surged over 15% following a $18.7 billion takeover bid by a consortium led by a unit of Abu Dhabi's National ...
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The company has landed the largest ever cash deal in the global energy sector. The only problem is getting the bid past the ...
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