STO 0.13% $7.83 santos limited

Ann: WDS: Woodside concludes discussions with Santos, page-11

  1. 809 Posts.
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    I thought it was fairly clear that merger talks would break down when Meg O'Neill came out says that recent O&G takeover's were executed an "zero to minimum premiums".
    WDS wanted a bargain, STO wanting a big premium.
    Unless the premium was significant its best STO go at it alone.
 
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