My university allowed me to access the following extract from the article. I hope this helps :-)
$924 million scrip bid for 80 per cent of Eastern Star Gas by Santos bears similarities to the 2009 takeover of Arrow Energy by Shell and PetroChina. Santos, who initially acquired its holding in Eastern Star from Hillgrove Resources, will obtain TRUenergy?s stake in Eastern Star in a deal that will result in TRUenergy buying gas permits from Eastern Star. The deal will raise the liquefied natural gas assets owned by Santos. Deutsche Bank, Freehills and Piper Alderman advised Santos on the deal while Eastern Star was advised by JPMorgan and Flagstaff Partners. Advice to TRUenergy over the deal was provided by Blake Dawson and Morgan Stanley.
ESG Price at posting:
89.5¢ Sentiment: Hold Disclosure: Held
