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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| Open | High | Low | Value | Volume |
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