Santos gets $18.7B takeover offer from ADNOC-led consortium

7 hours ago 1
Gas ship docked

Kirsten Strickland/iStock via Getty Images

Santos (OTCPK:STOSF) (OTCPK:SSLZY) said early Monday it received a non-binding takeover proposal from a consortium led by Abu Dhabi's national oil company ADNOC that values the Australian firm at US$18.72B.

Australia's second-largest producer of oil and natural gas said the

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