'Deep pockets' could help Abu Dhabi win regulatory approval for Santos bid, analysts say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
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Source: Reuters
Abu Dhabi National Oil Company's Bid: The Abu Dhabi National Oil Company is preparing an $18.7 billion bid for Santos, Australia's second-largest gas producer, which may face regulatory scrutiny due to concerns about local gas supply but could gain approval with commitments to expedite new projects.
Market Reactions and Regulatory Considerations: Santos shares are trading below the proposed offer price, indicating investor skepticism regarding regulatory challenges; however, analysts believe that the consortium's financial strength and potential to accelerate development of Santos' undeveloped resources could appeal to Australian regulators.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
