Tellurian shareholders have voted to approve the U.S. LNG developer's proposed $1.2 billion acquisition by Australia's Woodside Energy,
Woodside in July agreed to buy Tellurian, including its U.S. Gulf Coast Driftwood LNG export project.
Woodside entered into a definitive agreement in July this year to acquire all issued and outstanding common stock of Tellurian including its owned and operated US Gulf Coast Driftwood LNG development opportunity ('Driftwood LNG'). The consideration for the transaction is an all-cash payment of approximately $900 million, or $1.00 per share of outstanding Tellurian common stock.
Click here for original Woodside announcement in July: Woodside to acquire Tellurian and Driftwood LNG
Source: Tellurian/Woodside
