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Santos, Abu Dhabi and ADNOC

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.

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

Abu Dhabi's Adnoc makes $19-billion takeover bid for LNG producer Santos

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What did Macquarie make of the Santos takeover offer?

Is this a good deal for shareholders? Let's find out. The post What did Macquarie make of the Santos takeover offer? appeared ...

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Australia's Santos targeted by ADNOC-led consortium

Abu Dhabi's National Oil Company (ADNOC), looking to grow a global gas business, is leading a proposed $18.7 billion takeover ...

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