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Santos, Abu Dhabi

Financial Times · 4h

Abu Dhabi’s Adnoc bids $19bn 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.

Australian Financial Review · 4h

Abu Dhabi oil giant, Carlyle lob $30b takeover bid for Santos

The board of the oil and gas producer have given a preliminary thumbs-up to the offer, which represents a premium of 28 per cent to Friday’s closing price.

news.com.au on MSN · 3h

Abu Dhabi oil giant makes $30bn for Santos

A UAE-led consortium of investors has made a nearly $30bn bid to take over Australian-listed oil and gas producer Santos.

2h

Aussie oil and gas giant Santos receives almost $30b takeover bid from consortium led by Abu Dhabi National Oil Company

Australia’s second largest oil and gas producer has received an almost $30b takeover offer from a group led by the Abu Dhabi ...

1hon MSN

Middle East major lobs $30b takeover bid for Australian oil and gas giant

Santos is likely to be swallowed up by a consortium led by Abu Dhabi’s national oil company in a takeover worth $30 billion.

23h

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 ...

4d

Adnoc Is Evaluating Possibility of Buying Some BP Assets

Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...

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