OSH oil search limited
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News: OSH Oil Search Says Open To Revised Takeover Proposal From Santos

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    20/07/21
    14:30
    Post #: 54632189

    July 20 (Reuters) - Oil Search Ltd (OSH) :

    • UPDATE ON CHANGE OF CONTROL PROPOSAL
    • AGREES WITH SANTOS THAT THERE IS "STRATEGIC LOGIC IN A COMBINATION OF TWO COMPANIES"
    • OPEN TO RECEIVING A REVISED PROPOSAL WHICH MORE APPROPRIATELY REFLECTS VALUE WHICH OIL SEARCH WOULD BRING TO ANY COMBINED ENTITY
    • AT THIS STAGE NO REVISED PROPOSAL HAS BEEN FORTHCOMING
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