News

The unexpected delay in signing the binding $36.4 billion deal comes just three days before an exclusive due diligence period ...
Australian oil and gas producer Santos said on Tuesday that Abu Dhabi's National Oil Company (ADNOC)-led international ...
Earlier this year, Adnoc-owned investor XRG, the Abu Dhabi Development Holding Company (ADQ) and Carlyle made a $18.7 billion ...
Fossil fuel giant Santos has flagged that it does not expect to sign a binding agreement to be acquired by a consortium led ...
The battle for control of oil and gas giant Santos moved up a gear this week after Ryan Stokes, chairman of Beach Energy and ...
The XRG Consortium has not identified any issues that would cause it to withdraw its non-binding indicative proposal, Santos ...
Santos said on Monday it had extended the period of exclusive due diligence to an international consortium led by Abu Dhabi's ...
The $36bn takeover of Santos by the Abu Dhabi state oil company is not in Australia’s best interest, the chief executive of ...
As shareholders wait to see if Treasurer Jim Chalmers will bless the $36 billion takeover, here’s all you need to know about the lead player, XRG.
The consortium of investors, led by XRG, an arm of the government-owned Abu Dhabi National Oil Company, has offered $8.99 cash per share for the acquisition of Santos.
Despite those acquisitions, Santos’ share price has never in the past five years reached the A$8.89 (US$5.76) level that Abu Dhabi’s XRG consortium has offered.