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Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position

  • Written by Shumi Akhtar, Associate Professor, University of Sydney
Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky positionMarlon Trottmann/Shutterstock

The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on the Adelaide Stock Exchange that same year.

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