$30bn Santos takeover collapses after Abu Dhabi consortium withdraws offer
NeutralWorld Affairs

The proposed $30 billion takeover of Santos has collapsed after the Abu Dhabi consortium withdrew its offer. This development spares the federal government from making a difficult decision on whether to support the deal, which had significant implications for the energy sector and climate policy in Australia. The withdrawal highlights the complexities and challenges of large-scale mergers and acquisitions in the current economic climate.
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