Latest news with #Santos
Metro
10 hours ago
- Sport
- Metro
Chelsea star could push for transfer after Arsenal and PSG interest
Chelsea midfielder Andrey Santos could push for a move away this summer with admirers at Arsenal and Paris Saint-Germain. The Brazil international is one of the club's best young talents, arriving from Vasco da Gama in 2023. After a failed loan spell at Nottingham Forest, he shone in France at Strasbourg last season, returning to his parent club to take part in the Club World Cup. Santos made his debut off the bench in the victory over ES Tunis this week with Enzo Maresca insisting he needs more time to 'understand how we play.' Another extremely busy summer is in full swing at Stamford Bridge with Liam Delap, Dario Essugo and Mamadou Sarr already arriving with Brazilian sensation Estevao Willian to join up at the start of preseason. Wake up to find news on your club in your inbox every morning with Metro's Football Newsletter. Sign up to our newsletter and then select your team in the link we'll send you so we can get football news tailored to you. Plenty of departures are also expected. Players not included in the Club World Cup squad, including Raheem Sterling, Ben Chilwell, Joao Felix, Axel Disasi, Renato Veiga, Armando Broja, Djordje Petrovic and Lesley Ugochukwu, are all available for transfer. With the exception of Cole Palmer and Moises Caicedo, no one in the first-team squad is regarded as 'untouchable' this summer – including Santos, BBC Sport report. Chelsea want him to remain at the club as a squad player this season. PSG and Bayern Munich have been credited with interest in the 21-year-old while Arsenal have also explored a move. It remains to be seen if that interest remains after the club's move to sign Christian Norgaard from Brentford this week. In any case, Santos will have no shortage of suitors if Chelsea decide to cash in with the report stating the midfielder could push for an exit himself. Maresca's comments this week suggested Santos has a big job on his hands in displacing Caicedo and Enzo Fernandez as his first-choice options in midfield.' 'He's working well, but he needs to understand how we play,' Maresca said. More Trending Man behind viral video of fight at Ibiza hotel pool is a pro-footballer 'It's the same for all of the new ones. It's important for them to continue in the way they are working to get opportunities.' Nicolas Jackson and Noni Madueke are two first-team stars also facing uncertain futures. Madueke is another player Arsenal have expressed interest with reports suggesting on Friday there is also interest from north London in Jackson. MORE: Benjamin Sesko asking price changes again after Arsenal transfer concerns MORE: Bryan Mbeumo sends message to Thomas Frank as second Man Utd bid is rejected MORE: Arsenal make approach to sign Brazilian star in cut price deal
Arabian Post
21 hours ago
- Business
- Arabian Post
Abu Dhabi Consortium Secures Exclusive Santos Due‑Diligence Window
Arabian Post Staff -Dubai Santos has granted a six‑week exclusive due‑diligence period to a consortium led by Abu Dhabi's National Oil Company, signalling serious progress towards its A$36.5 billion takeover proposal. The consortium, comprising ADNOC's investment arm XRG, Abu Dhabi Development Holding Company and private equity investor Carlyle, has placed an all‑cash offer of A$8.89 per share—representing a roughly 28 per cent premium on Santos's previous closing price. Santos's board is prepared to endorse the deal, pending satisfactory outcomes from due diligence, no better competing bids and approval by an independent fairness expert. ADVERTISEMENT Should the offer proceed, it would mark Australia's largest-ever all‑cash corporate takeover and rank among the top three transactions nationally—holding an enterprise value near A$36.4 billion. The acquisition targets Santos's LNG assets, including Australia's Gladstone and Darwin facilities, plus substantial interests in Papua New Guinea's LNG project and the forthcoming Papua LNG development. XRG aims to build an integrated gas and LNG portfolio capable of delivering 20–25 million tonnes annually by 2035. Adhering to regulatory requirements, the consortium has signed confidentiality agreements and secured exclusive negotiating rights for this due‑diligence phase. Santos's management is forecasting a binding scheme implementation agreement before enabling a shareholder vote needing at least 75 per cent support, as per Australian scheme‑of‑arrangement rules. Shareholder approval will depend on a legal and financial assessment of the offer's fairness. While the consortium has pledged to maintain Santos's Adelaide headquarters, preserve local employment, and continue momentum on major projects like the Barossa LNG development and Moomba carbon‑capture initiative, significant regulatory scrutiny lies ahead. National oversight will involve multiple bodies: Australia's Foreign Investment Review Board, ACCC, ASIC, and National Offshore Petroleum Titles Administrator; Papua New Guinea's Securities and Competition commissions; and the US Committee on Foreign Investment due to Santos's cross-border interests. Analysts caution that the central risk is FIRB rejection, given Santos's control over critical gas infrastructure. Potential remedies, like spinning off assets, may invite legal and decommissioning complexities. South Australian state officials, including Premier Peter Malinauskas and Energy Minister Tom Koutsantonis, have highlighted the importance of protecting domestic jobs, the company's base, and energy security—leveraging recent legislative powers to oversee licence transfers. The political backdrop complicates matters, with Treasurer Jim Chalmers in caretaker mode ahead of a potential election. His decision will pivot on FIRB advice and the national interest implications. Santos has endured pressures in recent years, including a near‑16 per cent drop in annual profit and a 41 per cent dividend cut in 2024. It also abandoned merger negotiations with Woodside that would have created an A$80 billion energy entity. The consortium's revised offer follows an initial A$8.00 bid in March, raised to A$8.60 later that month, and now stands at A$8.89—reflecting sustained negotiations and valuation uplifts. Should the agreement proceed, final receipt of regulatory and shareholder clearances could extend into early 2026. This transaction underscores ADNOC's growing appetite for strategic LNG assets in the Asia‑Pacific region and exemplifies broader Middle Eastern investment trends in global energy infrastructure. The outcome will influence the balance of power in Australia's evolving LNG market and set significant precedents for future foreign investment decisions.
Zawya
a day ago
- Business
- Zawya
Santos grants six weeks exclusive due diligence to ADNOC-led consortium
Australia's Santos said on Friday it had granted exclusive due diligence for a period of six weeks to an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which had offered $18.7 billion for the gas producer. ADNOC's investment arm XRG, along with Abu Dhabi Development Holding Company (ADQ) and private equity firm Carlyle, had offered $5.76 (A$8.89) per Santos share when the proposal was announced in mid-June. At the time, the XRG consortium said it was negotiating to carry out due diligence with Santos on an exclusive basis before formalising the offer which would need at least 75% support from Santos investors. The consortium has also agreed to a confidentiality agreement with Santos, the Australian energy firm said. XRG now stands on the cusp of a deal that would give it stakes in major operations across Australia and Papua New Guinea— pending regulatory approval. Carlyle and XRG did not immediately respond to Reuters requests for comment.
Reuters
a day ago
- Business
- Reuters
Santos grants six weeks exclusive due diligence to ADNOC-led consortium
June 27 (Reuters) - Australia's Santos ( opens new tab said on Friday it had granted exclusive due diligence for a period of six weeks to an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which had offered $18.7 billion for the gas producer.
NDTV
a day ago
- Sport
- NDTV
Carlo Ancelotti Sends Neymar Massive 'World Cup' Warning, Breaks Silence On Brazil Future
New Brazil coach Carlo Ancelotti considers Neymar "a very important player" and has urged the injury-prone star "to prepare well" for the 2026 World Cup. "He must prepare well and he has the time to do that," the Italian said in an interview with the South American football federation on Thursday. "He's a very important player for us regarding the World Cup," Ancelotti added. Neymar, 33, extended his contract with Brazilian side Santos to the end of the year this week. Neymar's career has been dogged by injury, and he has only played 12 matches in five months for Santos, scoring three goals. Brazil's top scorer with 79 goals was missing from Ancelotti's first squad at the end of May. Listen to the latest songs, only on With Neymar absent five-time world champions Brazil qualified for next year's World Cup with a 1-0 win over Paraguay this month. Listen to the latest songs, only on
