Australian LNG company Santos rejects takeover offer by US equity firm and ends talks

Tuesday, 22 May 2018

Australian LNG stakeholder Santos has rejected the $10.8-billion takeover offer from US equity fund Harbour Energy because it undervalued the Adelaide-based company and would have required Santos to provide significant support for Harbour’s debt-raising and to hedge a significant proportion of oil-linked production.


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Last modified on Tuesday, 22 May 2018 11:20
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