Original article by Matt Chambers
The Australian – Page: 19 & 30 : 6-Apr-18
Harbour Energy CEO Linda Cook has given her assurance that Santos will remain an Australian company if Harbour Energy’s $A13.5 billion bid for the oil and gas company succeeds. Responding to concerns that Harbour Energy is registered in the Cayman Islands and that corporate tax from Santos might be reduced if Harbour Energy assumes control of it, Cook stressed that the company Harbour Energy has established to acquire Santos is Australian, and therefore subject to the same amount of tax that Santos pays at the moment.
SANTOS LIMITED – ASX STO, HARBOUR ENERGY LIMITED, ENN GROUP, HONY CAPITAL, ROYAL DUTCH SHELL PLC, CHRYSAOR, MORGAN STANLEY AUSTRALIA LIMITED, JP MORGAN AUSTRALIA LIMITED