Australia's Big Deal Busts: ADNOC, BHP, and More
Update: 2025-09-18
Description
$18.7 Billion Deal DIES: Why ADNOC walked away from buying Australian gas giant Santos, marking the THIRD failed takeover attempt in 7 years! Discover the sticking points, including risk-sharing disagreements and regulatory hurdles, that plague mega-mergers in Australia's energy and mining sectors. Is this part of a larger trend of collapsing deals, with BHP, Woodside, and others facing similar fates? Find out what's making it so hard to close big transactions Down Under.
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