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Adnoc-Led Bid for Santos Collapses Amid Deal Withdrawal

1 min read
Source: Upstream Online
Adnoc-Led Bid for Santos Collapses Amid Deal Withdrawal
Photo: Upstream Online
TL;DR

Adnoc's XRG has canceled its $18.7 billion acquisition of Santos, marking a significant development in the energy sector amidst ongoing industry shifts.

Topics:businessenergy#acquisition#adnoc#energy#energy-industry#oil-and-gas#santos
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  1. Adnoc's XRG calls off $18.7 billion Santos acquisition plan  Upstream Online
  2. Santos stock slumps as $18.7 billion ADNOC-led deal collapses  Reuters
  3. Factbox-Australia’s biggest takeover deals that fell apart  Yahoo Finance
  4. Abu Dhabi’s XRG withdraws $19 billion offer for Australia’s Santos  CNBC
  5. Adnoc-Led Consortium Drops $18.7 Billion Bid to Take Over Australia’s Santos  The Wall Street Journal

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