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Santos shares surge over 15% after $18.7 bil takeover bid


A series of images of landscapes and fauna from the Queensland brigalow belt region near the city of St. George.

Colin Baker | Moment | Getty images

Santos actions increased up to 15.23% on Monday, after receiving a non -binding buyout offer of $ 18.72 billion by a national group led by the oil company of Abu Dhabi.

This decision marks the largest intraday jump in the actions of the producer of Australian oil and gas since April 2020, according to LSEG data.

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