MARKETS

Santos knocks back another bid

SANTOS has confirmed that it quietly knocked back an $11 billion takeover bid at $4.55/share from private equity-backed Harbour Energy on August 14 believing it was too cheap and it wasn’t sure about the sources of the funds.

Anthony Barich

Santos swiftly moved to say it was not currently engaged in discussions with, and had not receive a current proposal from, Harbour Energy after Fairfax reported this morning that former Shell CEO hopeful...

Start a free trial to continue reading this article

Already have an account? Sign in here

Subscribe now

MOST POPULAR

OPERATIONS

NOPSEMA spots safety hazards on Woodside's Goodwyn Alpha facility

EXPLORATION

MinRes avoids EPA assessment on Lockyer as emissions below threshold

OPERATIONS

Carnarvon Energy and Santos move closer to Dorado FID

OPERATIONS

North America leads upstream M&A energy surge

RESEARCH

Premium subscribers only

View more

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.