A consortium comprising XRG (a subsidiary of ADNOC), Abu Dhabi Development Holding Company (ADQ) and private equity firm Carlyle, has submitted a non-binding proposal to acquire all of Santos’ ordinary shares for ~US$19 billion.
A consortium comprising XRG (a subsidiary of ADNOC), Abu Dhabi Development Holding Company (ADQ) and private equity firm Carlyle, has submitted a non-binding proposal to acquire all of Santos’ ordinary shares for ~US$19 billion.