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Takeover delays weigh on Santos as profit slides

Investors frustrated as ADNOC talks drag on

Rueben Hale
Profits slide as takeover delays test investor patience

Profits slide as takeover delays test investor patience | Credits: Shutterstock/Santos/ADNOC

Delays in sealing a takeover deal with Abu Dhabi's ADNOC-backed XRG consortium have sharpened investor unease, overshadowing Santos' positive aspects of its second half-year result and fuelling questions...

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