Banking Recap

TELLURIAN INC. /DE/ to Be Acquired

This transaction involves Tellurian Inc., a company in the natural resources sector, which is the target of a cash acquisition by Woodside Energy Holdings NA LLC and Woodside Energy Group Ltd. The deal is classified as an M&A transaction, structured as a cash acquisition. The disclosed value of the transaction is not stated in the source document, so the financial size of the deal cannot be confirmed from the available record.

Aug 27, 2024·SEC EDGAR (DEFM14A)·pending regulatory·cash acquisition

The deal is sourced from a DEFM14A filing made with the SEC via EDGAR, published on August 27, 2024. The deal's current status is pending regulatory review, meaning it had not yet closed as of the date of the source filing.

On the financial advisory side, only one advisor is identified in the record: Lazard Freres & Co. LLC, which acted as financial advisor to the target, Tellurian, and is noted as the lead advisor on that side. According to the source filing, Lazard rendered an oral opinion to Tellurian's board on July 21, 2024, later confirmed in writing, addressing whether the merger consideration payable to holders of Tellurian common stock (excluding excluded and dissenting shares) was fair from a financial point of view to those stockholders. No financial advisor to the acquirer, Woodside, is named in the facts provided.

No legal advisors are identified in the source material for either the target or the acquirer, so counsel on either side of the transaction is not disclosed in this record.

Beyond the designation of the transaction as a cash acquisition, no further structural detail is provided in the facts block, such as the per-share price, the specific consideration mix, or any contingent payment terms.

Several material facts about this deal remain undisclosed in the available record. The transaction's dollar value is not stated. No legal advisors are named for either side. No expected closing date is given, and no additional detail on deal structure beyond "cash acquisition" and "pending regulatory" status is available. Readers should treat these as open gaps rather than assume any particular outcome or valuation.

Advisors

target

Lazardfinancial advisorview source →

“In connection with the merger, on July 21, 2024, the Company's financial advisor, Lazard Frères & Co. LLC, which we refer to as “Lazard,” rendered its oral opinion to the Board, and subsequently confirmed in writing, that, as of such date, and based upon and subject to the assumptions, procedures, factors, qualifications and limitations set forth therein, the merger consideration to be paid to holders of Company common stock (other than excluded shares and dissenting shares) in the merger pursuant to the merger agreement is fair, from a financial point of view, to the holders of Company common stock (other than excluded shares and dissenting shares).”

Treasury yields

3-Month4.25%

2-Year4.81%

10-Year5.13%

30-Year5.42%

Source: U.S. Treasury, daily par yield curve · as of 10/21/2026