MARKETS

Cook-led Harbour again looks to Santos 

HARBOUR Energy has again bid for Santos, making a full takeover offer for the Adelaide-based oiler at a 30% premium over its share trading price, and at A$13.5 billion significantly higher than the last offer made public. 

RBC sees much value in Harbour's updated offer for Santos and thinks new management will struggle to resist.

RBC sees much value in Harbour's updated offer for Santos and thinks new management will struggle to resist.

Santos knocked back a bid from the private US company in August last year, saying the A$11  billion offered was too low and it was unsure of the source of its funds, though the news only became public...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.