Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag An Abu Dhabi-led consortium withdrew its $18.7 billion bid to buy Santos, ending months of talks.

flag An Abu Dhabi National Oil Company (ADNOC)-led consortium, including XRG, ADQ, and Carlyle, has withdrawn its $18.7 billion takeover bid for Australia’s Santos, citing factors that affected their assessment of the offer. flag The deal, which began in June, collapsed after months of negotiations, with no official reason given. flag This marks the third failed acquisition attempt for Santos in three years, following previous talks with Woodside and Harbour Energy. flag The consortium expressed disappointment but reaffirmed its commitment to pursuing value-driven opportunities in energy and chemicals.

64 Articles