- Reading The Australian Financial Review — Big Oil Search investors baulk at $21b merger - Financial Review, 12/1/2021
Angela Macdonald-Smith At least two big institutional investors in Oil Search have resolved to vote their shares…todayspaper.smedia.com.au On December 1, Oil, Search, the Papua New Guinea oil and gas producer, has Santos's $21 billion merger deal with its long-life, high-margin gas assets. Although its investors worry about the value provided to the combined company more than it is getting paid for, they may find the merger beneficial…