Adnoc-Led Bid for Santos Collapses Amid Deal Withdrawal
Adnoc's XRG has canceled its $18.7 billion acquisition of Santos, marking a significant development in the energy sector amidst ongoing industry shifts.
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ADNOC-led Group Launches $19 Billion Bid to Acquire Australia's Santos
ADNOC-led consortium has proposed an $18.7 billion all-cash takeover of Australian gas producer Santos, offering a 28% premium, aiming to expand its global LNG business amid regulatory hurdles and market uncertainties.
Adnoc Launches $19 Billion Bid to Acquire Australia's Santos
Abu Dhabi’s national oil company, through a consortium led by XRG, has bid approximately $19 billion to acquire Australian energy company Santos, offering a 28% premium per share amid ongoing market volatility and previous talks with other firms.
ADNOC Launches $18.7 Billion Bid to Acquire Australia's Santos
Australia's second-largest gas producer Santos has announced support for an $18.7 billion all-cash takeover bid led by Abu Dhabi's ADNOC, aiming to expand its global LNG business, though regulatory approval remains uncertain amid a significant share price jump and strategic asset interests in the Asia Pacific region.
"Cartier Unveils 2024 Watch Innovations at Watches & Wonders"
Cartier is doubling down on its iconic Santos watch in 2024, with new releases designed to appeal to a more masculine aesthetic. The new Santos de Cartier Dual Time features a sleek design for tracking two time zones, while a trio of killer new pieces and a quartet of colorful Santos-Dumonts are also set to debut. The releases showcase a deliberate move away from pastel hues, offering a different type of elegance without compromising on functionality, making 2024 an exciting year for Cartier Santos fans.
Woodside and Santos Announce $52 Billion Merger to Create Global Energy Powerhouse
Woodside and Santos, two major Australian energy companies, have announced a $52 billion merger plan in an effort to achieve global scale in the liquefied natural gas (LNG) industry. The merger aims to create a stronger player in the market and capitalize on the growing demand for LNG worldwide.
Woodside and Santos in Talks to Create $52 Billion Australian Gas Powerhouse
Woodside Energy and Santos are in preliminary talks to create an $52 billion global oil and gas giant, potentially forming the largest liquefied natural gas (LNG) producer in Australia. The deal would combine two of Australia's largest oil and gas producers and comes amid consolidation in the energy sector. However, the talks are confidential and incomplete, and there is no certainty that an agreement will be reached. The potential merger would face scrutiny from Australia's competition watchdog. Both companies are facing pressures of decarbonization and challenges in their current projects.
Woodside and Santos in Talks to Create $52bn Global Energy Giant
Woodside and Santos are in talks over a potential $52bn merger in the oil and gas industry.