est takeover, page-2

I don't disagree with your thoughts but the following comments come from the link below:

"Santos manager of corporate communications Matthew Doman told AAP that Santos did not plan to launch a takeover offer for Eastern Star.

Rather, the transaction "is about providing the basis for both companies to work together to accelerate development of Australia's next CSG province".

http://money.ninemsn.com.au/article.aspx?id=833153