Process update Santos Limited (ASX: STO) (Santos) provides the following update regarding the non-binding, indicative proposal (Indicative Proposal) received from a consortium led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and including Abu Dhabi Development Holding Company (ADQ) and Carlyle (the XRG Consortium), to acquire 100% of the issued shares of …

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