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KM Financial Solutions | REFILE-UPDATE 1-Santos shares drop 9 pct after snubs $10.8 bln takeover offer
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REFILE-UPDATE 1-Santos shares drop 9 pct after snubs $10.8 bln takeover offer

22 May REFILE-UPDATE 1-Santos shares drop 9 pct after snubs $10.8 bln takeover offer

Posted at 02:42h in News by
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MELBOURNE, May 23 (Reuters) – Shares in Santos Ltd
fell 9 percent after the Australian gas producer rejected a
$10.8 billion takeover offer from U.S.-based Harbour Energy,
holding up slightly better than analysts had expected.

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