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Santos, Abu Dhabi and Australia

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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Australia’s Santos backs XRG-led takeover bid

Abu Dhabi sets up test for Labor with $36b Santos takeover bid

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Santos’ $30bn Abu Dhabi takeover could put Queensland gas juniors in the fast lane

Santos could see minted Middle East interests plow cash into Queensland gas scene, and that could be ... Read More The post ...

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ASX 200 live: Santos' Abu Dhabi bid in focus; oil, gold prices ease amid Iran, Israel attacks; Trump at G7

Welcome to the Trading Day blog for Tuesday, June 17. ASX 200 to rise. Santos on watch amid Middle East takeover play. Oil, ...

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