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A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos.
Australia Australian Santos Board Carlyle ADNOC-led Following Aagreement ADVERTISE Offshore-Energy
$19 billion merger deal is off: ADNOC’s XRG ends takeover talks with Santos
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