Santos shares soar over 15% on ADNOC-led group’s $18.7 billion takeover bid

Santos shares soar over 15% on ADNOC-led group’s .7 billion takeover bid


A series of images of landscapes and wildlife from the Brigalow Belt region of Queensland near the town of St. George.

Colin Baker | Moment | Getty Images

Shares of Santos surged as much as 15.23% Monday, after it received a non-binding takeover offer of $18.72 billion by an Abu Dhabi’s National Oil Company-led group.

The move marks the biggest intraday jump in the Australian oil and gas producer’s shares since April 2020, LSEG data shows.

Stock Chart IconStock chart icon

hide content

Santos shares



Source

Some in BOJ see scope to raise rates sooner than markets expect, sources say: Reuters
World

Some in BOJ see scope to raise rates sooner than markets expect, sources say: Reuters

The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Friday, Dec. 19, 2025. Photographer: Akio Kon/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect, with April a distinct possibility, as a sliding yen risks adding to already broadening […]

Read More
India’s exports to China surge in December while shipments to U.S. decline as Trump tariffs bite
World

India’s exports to China surge in December while shipments to U.S. decline as Trump tariffs bite

Aerial view of cargo ship and cargo container in harbor. Adoff 01 / 500px | 500px | Getty Images India’s exports to China soared in December while shipments to the U.S. declined as President Donald Trump’s steep tariffs prompt New Delhi to focus on alternative markets. Exports to China surged 67% in December to $2 […]

Read More
Asian chip stocks advance, Taiwan outperforms after trade deal with U.S.
World

Asian chip stocks advance, Taiwan outperforms after trade deal with U.S.

The city skyline is seen with the landmark Taipei 101 building from a lookout point on Elephant Mountain in Taipei on April 14, 2025. (Photo by I-Hwa Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty Images Asian chip stocks climbed Friday, lifting several regional markets even as […]

Read More