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Abu Dhabi, Santos 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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· 2h · on MSN

Abu Dhabi state oil firm makes USD 18.7 billion bid for Australia's Santos

Abu Dhabi oil giant, Carlyle lob $30b takeover bid for Santos

1d

Abu Dhabi’s oil giant sets its sights on Santos, mulls formal tilt

The Abu Dhabi National Oil Company, known as Adnoc, has been in discussions with the ASX-listed business but has not put a ...

Abu Dhabi’s state oil giant bids US$18.7b for Australia’s Santos amid global race for natural gas stakes

Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 ...

5d

Adnoc Is Evaluating Possibility of Buying Some BP Assets

Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...

6hon MSN

Middle East major lobs $30b takeover bid for Australian oil and gas giant

Santos is likely to be swallowed up by a consortium led by Abu Dhabi’s national oil company in a takeover worth $30 billion.

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