Santos goes from prey to predator with $2.2b deal

After rejecting Harbour Energy's $10.8 bid earlier this year, Santos's management has had a point to prove to shareholders. The purchase of Quadrant Energy does just that.

Australian oil and gas producer Santos showed it had emerged from survival mode with a flourish, by inking an agreement to buy West Australia-based Quadrant Energy for $2.15 billion. 

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media