BRIEF: Harbour submits ‘best and final’ bid for Santos
Published by Will Owen,
Editor
LNG Industry,
According to Reuters, Harbour Energy has submitted a new takeover proposal of US$10.8 billion for Australian gas producer Santos Ltd.
This latest offer has been quoted as the company’s ‘best and final’ by an emailed statement from the company:
“Harbour’s 21 May 2018 proposal is ‘best and final’ and will not be further increased prior to entering into a Scheme Implementation Deed.”
Read the article online at: https://www.lngindustry.com/liquefaction/21052018/harbour-submits-best-and-final-bid-for-santos/
You might also like
Centrica completes Grain LNG acquisition
Centrica plc has announced the completion of its Grain LNG acquisition in partnership with Energy Capital Partners from National Grid for an enterprise value of £1.5 billion.