{"id":19722,"date":"2025-06-16T00:15:35","date_gmt":"2025-06-16T00:15:35","guid":{"rendered":"https:\/\/thisbiginfluence.com\/?p=19722"},"modified":"2025-06-16T00:15:35","modified_gmt":"2025-06-16T00:15:35","slug":"abu-dhabis-adnoc-bids-19bn-to-take-over-australias-santos","status":"publish","type":"post","link":"https:\/\/thisbiginfluence.com\/?p=19722","title":{"rendered":"Abu Dhabi\u2019s Adnoc bids $19bn to take over Australia\u2019s Santos"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Keep knowledgeable with free updates<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Merely signal as much as the <!-- -->Oil &amp; Gasoline business<!-- --> myFT Digest &#8212; delivered on to your inbox.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=e9f2a465-9c99-42a5-aaf8-30dffb568f40&amp;concept-id=9f991f8b-1d17-4d99-82f4-0cd8fe50b59b\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>A consortium led by Abu Dhabi\u2019s nationwide oil firm has bid to take over one in every of Australia\u2019s largest vitality firms for round $19bn (A$29bn). <\/p>\n<p>Adelaide-based Santos mentioned that XRG, comprised of the Abu Dhabi Nationwide Oil Firm, Abu Dhabi Growth Holding Firm and US personal fairness fund Carlyle, had tabled an indicative money supply of US$5.76 a share \u2014 equal to A$8.89 \u2014 which represented a 28 per cent premium to the corporate\u2019s closing share worth final week. <\/p>\n<p>Santos has been linked with a sale, break-up or asset selldown for greater than a 12 months and held talks with Australian rival Woodside with out placing a deal. Adnoc has been linked with a takeover. <\/p>\n<p>The bid for the pure fuel developer comes throughout a interval of volatility within the vitality markets after battle broke out between Israel and Iran.<\/p>\n<p><em>It is a growing story<\/em><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.ft.com\/content\/e9f2a465-9c99-42a5-aaf8-30dffb568f40\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Keep knowledgeable with free updates Merely signal as much as the Oil &amp; Gasoline business myFT Digest &#8212; delivered on to your inbox. A consortium led by Abu Dhabi\u2019s nationwide oil firm has bid to take over one in every of Australia\u2019s largest vitality firms for round $19bn (A$29bn). Adelaide-based Santos mentioned that XRG, comprised [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19724,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13446,11526,13445,7846,5216,13444,6264],"class_list":["post-19722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-19bn","tag-abu","tag-adnoc","tag-australias","tag-bids","tag-dhabis","tag-santos"],"_links":{"self":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/19722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19722"}],"version-history":[{"count":0,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/19722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/media\/19724"}],"wp:attachment":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}