July 23 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Headlines
- Woodside buys Tellurian to position itself as 'global LNG
powerhouse'
- Entain ( GMVHF ) names industry veteran as new chief executive
- LVMH-backed fund buys 1.5-bln-pound stake in Bicester
Village owner
- Barclays ( JJCTF ) calls on High Court to block passive funds from
investor lawsuit
- UK government rules out financial support for Harland &
Wolff
Overview
- Energy producer Woodside Energy ( WDS ) has agreed to buy
U.S. liquefied natural gas developer Tellurian,
including its U.S. Gulf Coast Driftwood LNG export project, for
$1.2 billion including debt.
- Ladbrokes owner Entain ( GMVHF ) named Gavin Isaacs, former
CEO of betting group Scientific Games, as its new boss, aiming
to bring stability to the British gambling company at a time
when regulatory challenges are hurting its profit.
- LVMH-backed private equity firm L Catterton has bought a
stake in Bicester Village owner Value Retail from Hammerson,
handing the UK shopping centre landlord cash proceeds of 600
million pounds ($775.62 million).
- Barclays ( JJCTF ) asked London's High Court to more than
halve a shareholders' lawsuit worth up to 560 million pounds
accusing the British bank of misleading the market about its
private "dark pool" trading platforms.
- The UK business secretary Jonathan Reynolds revealed the
government will not provide any emergency liquidity funding to
struggling Belfast shipbuilder Harland & Wolff, leaving
it racing to find a private sector financial rescue.
($1 = 0.7736 pounds)
(Compiled by Bengaluru newsroom)