‘National interest’ – what does that actually mean in 2025?
ANALYSIS: Shareholders likely to be happy with the premium they will receive but A$36b takeover of gas producer Santos by Abu Dhabi investors still has to pass nebulous ‘national interest’ test.
WATCH: NBR senior journalist Lachlan Colquhoun speaks with Simon Shepherd.
Back in the 1970s when Underarm was a boy, his mother owned shares in gas producer Santos.
Being a patriotic South Australian, as well as enjoying playing the sharemarket, Underarm’s mother was happy to own shares in a company that was created by Adelaide-based entrepreneurs in the 1950s to
