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Hony Increases Stake in Santos

Source: www.gulfoilandgas.com 5/4/2017, Location: Not categorized

Santos notes the purchase of 48 million shares representing 2.3% of the company’s issued capital at a price of $3.84 by Hony Capital after market close on 3 May 2017. Santos understands the purchase will increase Hony, ENN and affiliates’ interest in the company to 15.1%. The acquisition price represents a 6% premium to yesterday’s closing price of $3.63.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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