Santos has given a consortium led by Adnoc's XRG unit almost another month to finalize its US$18.7 billion takeover bid for the Australian company, extending the exclusivity period until Sep. 19. However, there are growing doubts as to whether the transaction can secure political approval.
Santos Extends Takeover Talks With Adnoc as Doubts Grow
Australia's Santos has extended talks about the takeover offer from a consortium led by Adnoc's XRG unit, but there are doubts a deal can win political approval.






