Santos has seen its shares rocket 11% after confirmation of a non-binding bid for the company worth $30 billion by Emirati giant ADNOC.

Santos has seen its shares rocket 11% after confirmation of a non-binding bid for the company worth $30 billion by Emirati giant ADNOC.

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The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.
For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.

Money News Market Wrap

MWP June 16: The $30b offer for Santos, as ASX closes flat 🫴💸

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