Woodside shelves $80b merger plan with Santos (watoday.com.au)Woodside shelves $80b merger with rival Santos
Oil and gas giant Woodside said it has ended merger talks with its smaller rival Santos over a proposed $80 billion tie-up.
Having previously dampened expectations of a successful deal to create one of the world’s biggest liquid natural gas (LNG) companies, Woodside chief executive Meg O’Neill confirmed on Wednesday that talks have ceased after nearly nine weeks of due diligence.
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