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Adnoc, Santos and Abu Dhabi

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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Abu Dhabi's Adnoc makes $19-billion takeover bid for LNG producer Santos

· 22h · on MSN

Santos shares soar over 15% on ADNOC-led group's $18.7 billion takeover bid

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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 ...

4don MSN

BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

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