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Australia’s biggest piece of M&A bait catches its dream deal

A trifecta of bids from a trifecta of buyers. Welcome to Santos’ unique world.

Santos is Australia’s biggest piece of M&A bait.

In just the past eight years, it has had a trifecta of bids from a trifecta of buyer types: private equity, trade and now sovereign wealth.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/australia-s-biggest-piece-of-m-and-a-bait-catches-its-dream-deal-20250616-p5m7uh