Beijing loyalists will vote to endorse Macao's former top judge as next leader of the casino hub
Japan PM Ishiba to consider visiting US to meet president-elect, Yomiuri says
Lithuanians elect new parliament amid cost of living, security worries
America First Policy Institute, a group advising Trump, says its systems were breached
Protestors crowd mayor's office after housing board moves to outsource Section 8 program
SpaceX gets approval for Starship launch amid standoff with FAA
`Big Spender' is the theme music for MLB final four as high-payroll Mets, Yankees, Dodgers reach LCS
Beck passes for 459 yards and 3 TDs as No. 5 Georgia holds off Van Buren, Mississippi State 41-31
No. 4 Penn State rallies back to beat USC 33-30 in overtime on TE Tyler Warren's record day
(Reuters) - Tellurian shareholders have voted in favor of the U.S. LNG developer's proposed $1.2 billion acquisition by Australian energy producer Woodside Energy Group, the company said on Friday.
Shares rose 1.4% to 98 cents in premarket trade.
Woodside in July agreed to buy Tellurian, including its U.S. Gulf Coast Driftwood LNG export project.
The agreement is expected help solve Tellurian's financial woes. The U.S. company has been searching for financial partners to fund the LNG facility. In May, it said it would sell its upstream assets to pay off some of its debt.
The Driftwood LNG project has had many setbacks, including the cancellation of some LNG supply deals amid concerns over the company's ability to finish the project.
(Reporting by Seher Dareen and Tanay Dhumal in Bengaluru; Editing by Sriraj Kalluvila)
