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Santos' Quadrant buy approved by Aussie competition watchdog

Published 16/11/2018, 09:21 am
Santos' Quadrant buy approved by Aussie competition watchdog
STO
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Nov 16 (Reuters) - Australia's competition watchdog said on Friday that it will not oppose oil and gas firm Santos Ltd's STO.AX $2.15 billion acquisition of privately held Quadrant Energy.

The Australian Competition and Consumer Commission said in a statement that the acquisition would be unlikely to reduce competition in the supply of gas to Western Australia.

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