Leading Australian gas developers, Santos and Oil Search have reached an agreement on the details of the proposed merger

Written by  Ian Cochran
Monday, 02 August 2021

Oil Search and Santos, both leading Australian-based gas developers, have announced the conditions for their proposed merger.

Under the revised merger proposal, Oil Search shareholders will receive 0.6275 new Santos shares for each Oil Search share held via a scheme of arrangement.

Subscriber content

This content is available only to subscribers
please log in below or subscribe now / request a free trial
Last modified on Wednesday, 04 August 2021 08:34
Rate this item
(0 votes)