POLICY

Santos-Oil Search merger must offer value for PNG: PM

MORE than shareholder approval is needed for the Santos-Oil Search all scrip merger: the Papua New Guinea government, where the latter is headquartered, must also sign off on the deal. 

PNG PM James Marape

PNG PM James Marape

The A$21 billion merger was greenlit by the takeover target's board this week after it knocked back a prior, lower offer it suggested did not offer adequate value to its shareholders; however one of the...

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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.

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