Carlyle in ADNOC-led consortium eyeing $18.7bn all-cash deal for Australia LNG co Santos
A global consortium led by Abu Dhabi National Oil Company (ADNOC) and backed by private equity giant Carlyle and Abu Dhabi’s Development Holding Company (ADQ) has launched a landmark AUD28.3bn ($18.7bn) all-cash proposal to acquire Santos, Australia’s second-largest gas producer, according to a report by Reuters.
