Abu Dhabi's state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at $18.7 billion, Santos said Monday.

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Santos has agreed to an $18.7 billion takeover offer from a consortium led by Adnoc, aimed at expanding Adnoc's global gas ...

Abu Dhabi's National Oil Company (ADNOC), looking to grow a global gas business, is leading a proposed $18.7 billion takeover ...