Positive SP Action, page-86

From the fin today

Middle East report revives Santos takeover speculation


The prospects for a Middle Eastern takeover bid emerging for Santos are regarded by the market as unlikely, even as the oil and gas producer engages in talks with third parties on potential asset sales to unlock value.

However, analysts including MST Marquee’s Saul Kavonic are not ruling out the possibility of international takeover interest in the Adelaide-based producer, which has been pressured to consider corporate activity to help revive its languishing share price.

Takeover speculation is back for Santos. Santos