Abstract : Santos, an Australian-listed company in which ENN Ecological Holdings Co Ltd (600803. SH) holds 10.07 percent stake, had completed acquisition of Quadrant Energy (Quadrant) for 2.15 billion U.S. dollars, according to the ENN Ecological's filling to...

BEIJING, Nov.29 (Xinhua) -- Santos, an Australian-listed company in which ENN Ecological Holdings Co Ltd (600803. SH) holds 10.07 percent stake, had completed acquisition of Quadrant Energy (Quadrant) for 2.15 billion U.S. dollars, according to the ENN Ecological's filling to Shanghai Stock Exchange.
Through the acquisition, Santos grows its core assets around existing infrastructure, and obtains leading position in the exploration and development of Bedout Basin in Australia. (Edited by Jiang Feifan, Niu Huizhe)
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Keyword:
China-Australia
China-listed-companies