Adnoc-Led Bid for Santos Collapses Amid Deal Withdrawal

TL;DR Summary
Adnoc's XRG has canceled its $18.7 billion acquisition of Santos, marking a significant development in the energy sector amidst ongoing industry shifts.
- Adnoc's XRG calls off $18.7 billion Santos acquisition plan Upstream Online
- Santos stock slumps as $18.7 billion ADNOC-led deal collapses Reuters
- Factbox-Australia’s biggest takeover deals that fell apart Yahoo Finance
- Abu Dhabi’s XRG withdraws $19 billion offer for Australia’s Santos CNBC
- Adnoc-Led Consortium Drops $18.7 Billion Bid to Take Over Australia’s Santos The Wall Street Journal
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