Hony Capital increases stake in Santos
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Santos has issued a short statement confirming that Hony Capital has acquired an additional 40 million shares in the company, representing a stake of 2.25%.
Hony Capital acquired the shares at a price of AUS$3.98 per share, increasing its interest in Santos to approximately 3.2%.
Santos said that the reported acquisition price represents an 11% premium to a closing price of AUS$3.58 on 10 November 2016.
Read the article online at: https://www.lngindustry.com/liquefaction/11112016/hony-capital-increases-stake-in-santos/
You might also like
‘K’ LINE starts use of bio-LNG fuel for car carrier
Kawasaki Kisen Kaisha, Ltd has announced its first use of bio-LNG fuel supplied by Shell Western LNG B.V. to the car carrier OCEANUS HIGHWAY.