STO 0.28% $7.15 santos limited

STO Well positioned, page-515

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    From DataRoom in The Australian today:

    But some believe Santos will do everything in its power to get a deal across the line after courting prospective buyers for the past six months.

    Yet global groups like ConocoPhillips and ExxonMobil would have better synergy benefits with the assets and have passed on the opportunity.

    Even if this deal does not see the light of day, it sends a clear signal to the global energy market – Santos is well and truly for sale.

 
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