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ENN to acquire Santos stake from Hony Capital

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Report summary

On March 24 Chinese gas distributor ENN Group announced that it will acquire the 11.7% stake held in Santos by private equity group Hony Capital for US$750m. The deal will make ENN the largest shareholder in Santos and creates the potential for more LNG to supply the Chinese market.

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    ENN to acquire Santos stake from Hony Capital

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  • Santos remaining PV by asset type (US$bn)

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