04:32 AM EDT, 07/22/2024 (MT Newswires) -- Tellurian (TELL) said Sunday that it has entered into a definitive agreement for Woodside Energy Group to acquire all the outstanding shares of the company for $1 per share in an all-cash transaction of about $900 million.

The implied enterprise value of the transaction, which was unanimously approved by both boards of directors, amounts to about $1.2 billion.

The acquisition is expected to close in Q4.

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