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
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$6.72 |
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Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104139 | $6.72 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
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