Companies & Finance

Total and Quadrant unlikely to bid for Santos, analysts say

Analysts have dismissed reports that Total and Quadrant Energy will place a rival bid for Australia’s Santos to compete with Harbour Energy.
By Staff reporter 23 April 2018 0 30559

Analysts have dismissed reports that Total and Quadrant Energy will place a rival bid for Australia’s Santos to compete with Harbour Energy’s $13.5 billion takeover bid, according to The Canberra Times.

Total may be interested in Santos because of synergies with its Papua New Guinea assets, according to analysts who spoke to Fairfax Media.