Santos sheds shareholding cap

THE South Australian Government today agreed to lift the 15% shareholder cap imposed on Santos 28 years ago, subject to several conditions.

Santos sheds shareholding cap Santos sheds shareholding cap Santos sheds shareholding cap Santos sheds shareholding cap Santos sheds shareholding cap

Announcing the decision on its website today, Santos said it was legally bound to fulfil several undertakings, which if breached would see the company forced to cough up $100 million in compensation

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