Business
Oil Search board faces fury amid CEO exit, secret merger offer – Sydney Morning Herald
Energy giant Santos has been in talks with ASX-listed rival Oil Search assessing a potential deal to merge into Australia’s biggest…
This leaves us uncertain regarding the quality of Oil Searchs guidance and forecasts and, more generally, uncertain if the board will prioritise shareholder value, analyst Saul Kavonic said.
Multiple fund managers have contacted Mr Lee to voice their concerns…
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