May 21 (Reuters) - Santos Ltd (STO) :
- REVISED HARBOUR ENERGY PROPOSAL
- DEAL FOR US$5.21 PER SHARE
- RECEIVED A REVISED BINDING, CONDITIONAL PROPOSAL FROM HARBOUR ENERGY AUSTRALIA PTY LTD (HARBOUR) TO ACQUIRE 100% OF SANTOS SHARES
- SANTOS SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION IN RELATION TO REVISED HARBOUR PROPOSAL AT THIS TIME
- HARBOUR INDICATED OFFER WILL BE INCREASED TO USD EQUIVALENT TO A$7.00 PER SHARE IF CO AGREES TO HEDGE 30% OF OIL-LINKED PRODUCTION IN 2020
- REVISED HARBOUR PROPOSAL CONDITIONAL ON CO ADDITIONALLY HEDGING OIL-LINKED PRODUCTION IN 2018 OF ABOUT 30 PERCENT & CHANGES TO HEDGING IN 2019
News: STO Santos Says Received Revised Harbour Energy Proposal
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
