(Reuters) – U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd (STO.AX) on Monday, hiking its bid for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids. Shares in the oil... More »
MELBOURNE (Reuters) – Harbour Energy said on Monday its latest takeover proposal of $10.8 billion for Australian gas producer Santos Ltd (STO.AX) was its “best and final” offer. “Harbour’s 21 May 2018 proposal is ‘best and final’ and will not be further increa... More »
Reuters – The revised $10.4 billion bid by Harbour Energy for Australian liquefied natural gas (LNG) producer Santos Ltd STO.AX looks at first glance like a winning hand, but it’s still probably got the odds stacked against it. The U.S. private equity firm’s f... More »
