Global Business Moves: Woodside's Acquisition, Entain's New CEO, and More
The Financial Times reports on significant business developments including Woodside's acquisition of Tellurian, Entain's appointment of Gavin Isaacs as CEO, L Catterton's stake purchase in Bicester Village owner, and Barclays' High Court appeal. The UK government also declines financial aid for Harland & Wolff.
Energy giant Woodside Energy has finalized a $1.2 billion deal to acquire U.S. liquefied natural gas developer Tellurian, positioning itself as a 'global LNG powerhouse'.
In another significant move, Ladbrokes owner Entain has appointed Gavin Isaacs, former CEO of Scientific Games, as its new chief executive to steer the company through regulatory challenges.
Meanwhile, LVMH-backed private equity firm L Catterton has invested 600 million pounds in Value Retail, the owner of Bicester Village, providing much-needed capital for the UK shopping center landlord Hammerson.
Additionally, Barclays is seeking to block a 560 million pound investor lawsuit over its 'dark pool' trading platforms in London's High Court.
The UK government has decided against offering financial support to the economically embattled shipbuilder Harland & Wolff, placing the Belfast firm in urgent need of private sector rescue.
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