Category: takeover
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$19 billion Santos takeover in limbo: Four-week deadline extension looms as talks continue
$19 billion Santos takeover in limbo: Four-week deadline extension looms as talks continue Santos is facing a multi-week extension of the deadline for the negotiations surrounding an $18.7 billion non-binding indicative offer made by a consortium spearheaded by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company…
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$19 billion takeover bid takes step forward: Santos and ADNOC-led firm embark on talks
$19 billion takeover bid takes step forward: Santos and ADNOC-led firm embark on talks With a six-week exclusive due diligence period in effect, Australia’s energy player Santos has kicked off negotiations concerning an $18.7 billion non-binding indicative offer for all its shares with a consortium led by XRG, a subsidiary of Abu Dhabi National Oil…