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Adnoc, Santos and Australia

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

Santos said XRG, an investment arm of the Abu Dhabi National Oil Company, had made an indicative cash offer of $5.76 a share, valuing the Adelaide-based company at $18.7bn. It represents a 28 per cent premium to Santos’s closing share price last week.

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· 1d · on MSN

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

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

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 ...

17h

'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 ...

5don MSN

BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

1d

Abu Dhabi sets up test for Labor with $36b Santos takeover bid

But the offer for the ASX’s second-largest oil and gas producer has been met with a lukewarm reception from investors, who ...

Adnoc Eyes BP’s Gas Assets Amid Breakup Speculation

Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...

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