Business Services Industry
Santos coy on takeover talk.
Australasian Business Intelligence, December, 2008
Byline: Philip Hopkins
Dec 08, 2008 (The Age - ABIX via COMTEX) -- China National Petroleum Corporation is rumoured to be interested in acquiring oil and gas group Santos, although experts note that this would be hard to gain approval for from competition regulators if they take into account the gas market. Santos is a major player in coalbed methane and also has plans for more LNG projects. On 8 December 2008 its stock closed at $A13.25, up $A1.10 for the day.
Publication Date: 9 December 2008
SANTOS LIMITED - ASX STO ...
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