Acquisition | TELLURIAN INC | 10th October 2024
Initially announced on July 21, 2024 WOODSIDE ENERGY GROUP LTD made a cash offer for TELLURIAN INC of USD 1.00 per TELLURIAN INC share held. TELLURIAN INC shareholders approved the Acquisition on October 3, 2024. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on October 9, 2024. Trading in shares of TELLURIAN INC is expected to be halted effective October 9, 2024. In the absence of an active market, the last close price will reflect the Deal Terms of the transaction.
The treatment below will be applied to the following indices:
- TELLURIAN INC will be removed from the Index.
- The weight of TELLURIAN INC (TELL.A) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 10/10/2024
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