Latest news with #SOPHIEMAK
Nikkei Asia
a day ago
- Politics
- Nikkei Asia
China hosts Pacific island countries' envoys as Taiwan issue looms
Participants pose for a group photo at the third China-Pacific Island Countries Foreign Ministers' Meeting on May 27 in Xiamen, China. (China's Ministry of Foreign Affairs) SOPHIE MAK SYDNEY -- China's top diplomat hosted Pacific island leaders on Wednesday as Beijing seeks to weaken Taiwan's diplomatic standing in the region. Chinese Foreign Minister Wang Yi met with 11 of his counterparts and representatives from Beijing-friendly Pacific countries at the third China-Pacific Island Countries (PICs) Foreign Ministers' Meeting in the southern city of Xiamen.
Nikkei Asia
16-06-2025
- Business
- Nikkei Asia
ADNOC launches $18.7bn takeover bid for Australia's Santos
SOPHIE MAK and SHAUN TURTON SYDNEY -- Australian oil and gas company Santos announced Monday that it has received a takeover offer worth $18.7 billion from a consortium led by international energy investment company XRG, a subsidiary of Abu Dhabi's state-owned oil company ADNOC. The XRG-led consortium, which includes Abu Dhabi Development Holding Company (ADQ) and U.S. investment firm Carlyle, has proposed a "final non-binding indicative offer" to acquire 100% of Santos stock for $5.76 per share in cash.
