DataRoom AM: Santos' pipeline pressure

The oil price slide sees Santos mulling the divestment of a multi-billion dollar pipeline, while the auction process for Investa Property Group kicks off.

Santos boss David Knox has seen the blowtorch applied over the past two months amid an oil price collapse and while refuting the need to boost cash reserves, he has conceded a multi-billion dollar pipeline could be on the chopping block.

Elsewhere, the giant Investa Property Group could finally be put on the market, the race for Ten Network is simplified, and a fresh Asian opportunity pops up for ANZ Bank.

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