Woodside Unlikely To Face Rival Bid in Deal for U.S. LNG Firm Tellurian
Australia’s Woodside Energy is unlikely to have to contend with a rival bid for U.S. LNG firm Tellurian, sources close to the proposed deal told Reuters on Friday. Last month, Woodside Energy announced an agreement to buy Tellurian for $1.2 billion as it seeks to turn into a “global LNG powerhouse”. Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian, including its owned and operated U.S. Gulf Coast Driftwood LNG development opportunity. Tellurian…