Aussies can breath a sigh of relief as Australia’s two most toxic energy firms have dumped a planned merger:
The official end to merger talks between Santos and Woodside is not unexpected, given the public opposition of several high-profile Woodside investors and Woodside chief Meg O’Neill’s pessimistic comments last week.
Despite Australia’s appaling track record of allowing industry consolidation, I can’t believe the ACC would wave this putative disaster through.