MARKETS

No deal on Woodside-Santos merger

Weeks-long proposed A$80 billion merger discussions between Woodside Energy and Santos have ceased, resulting in no deal, Woodside CEO Meg O’Neill confirmed on Wednesday.

Yiying Li

Credits_Shutterstock_Rob Bayer

O'Neill said the Australian gas giant "will only pursue a transaction that is value accretive for its shareholders." "For every opportunity Woodside assesses, it conducts thorough due diligence," she...

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