Santos shares surge over 15% after $18.7 billion takeover bid

0
36
Santos shares surge over 15% after $18.7 billion takeover bid


A series of images of landscapes and wildlife from the Brigalow Belt region of Queensland near the town of St. George.

Colin Baker | Moment | Getty Images

Shares of Santos surged as much as 15.23% Monday, after it received a non-binding takeover offer of $18.72 billion by an Abu Dhabi’s National Oil Company-led group.

The move marks the biggest intraday jump in the Australian oil and gas producer’s shares since April 2020, LSEG data shows.

Stock Chart IconStock chart icon

Santos shares


Oil and Gas,World Markets,Woodside Energy Group Ltd,Carlyle Group Inc,Santos Ltd,business news
#Santos #shares #surge #billion #takeover #bid

LEAVE A REPLY

Please enter your comment!
Please enter your name here