Santos Shares Fall After Another Delay in $19 Billion Takeover

Santos Shares Fall After Another Delay in $19 Billion Takeover

Santos Ltd. shares dropped the most in almost two months after another delay in its $18.7 billion takeover by an Abu Dhabi-led group.

Santos reveals four-week delay to ADNOC takeover deal

The unexpected delay in signing the binding $36.4 billion deal comes just three days before an exclusive due diligence period ends.

ASX LIVE: Is Santos’ $30b takeover in trouble after delay?

Hold onto your hats, we’re really getting down to business today ... literally, with Big Australian, BHP, Woodside Energy and $130 billion market beast CSL.

Santos flags delay in takeover bid by ADNOC-led consortium

Santos has announced a delay in the $18.7bn takeover bid by an Abu Dhabi National Oil Company (ADNOC)-led consortium.

ADNOC Group to Take Longer than Expected in Finalizing Offer for Santos

Santos said newly revealed approvals would delay the process for an ADNOC-led consortium to progress its proposed takeover of the Australian company to a b...