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Santos cage rattling makes value impossible to ignore

Gas deals are getting extra scrutiny, even those that have nothing to do with keeping the lights on for Australians. 

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The Saudis may run a good golf tournament in Adelaide, but do we really think they can buy South Australia’s corporate citizen in the middle of a gas crisis and heading into an election year?

Good luck. Foreign Investment Review Board approvals are as rare as hen’s teeth, ask any banker. It has been that way for the past 18 months.

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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/santos-cage-rattling-steps-up-as-value-impossible-to-ignore-20240704-p5jr03