OffshoreEnergy
A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos.
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$19 billion merger deal is off: ADNOC’s XRG ends takeover talks with Santos
Melisa Cavcic
12:24
A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos. The post $19 billion merger deal is off: ADNOC’s XRG ends takeover talks with Santos
