Santos shares jump on report Middle Eastern giants are weighing up takeover bids
ByNick Toscano
Updated July 4, 2024 — 10.57am
Speculation is building that Australian oil and gas producer Santos may be again in talks with one or more potential suitors looking to acquire the company, as unconfirmed reports emerged that two Middle Eastern energy giants are evaluating potential bids.
Santos, one of the largest Australian gas companies, declined to confirm or deny reports from Bloomberg suggesting that Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) had been conducting preliminary evaluations of the company.
Santos shares jump on report Middle Eastern giants are weighing...
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Mkt cap ! $205.7M | |||
| Open | High | Low | Value | Volume |
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