Press Digest: Financial Times - July 23

Harland & Wolff group

23/07/2024 03:15

July 23 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    Headlines
    - Woodside buys Tellurian to position itself as 'global LNG
powerhouse'
    - Entain names industry veteran as new chief executive
    - LVMH-backed fund buys 1.5-bln-pound stake in Bicester
Village owner
    - Barclays calls on High Court to block passive funds from
investor lawsuit
    - UK government rules out financial support for Harland &
Wolff
    
    
    Overview
    - Energy producer Woodside Energy  WDS.AX  has agreed to buy
U.S. liquefied natural gas developer Tellurian  TELL.A ,
including its U.S. Gulf Coast Driftwood LNG export project, for
$1.2 billion including debt. 
    - Ladbrokes owner Entain  ENT.L  named Gavin Isaacs, former
CEO of betting group Scientific Games, as its new boss, aiming
to bring stability to the British gambling company at a time
when regulatory challenges are hurting its profit.
    - LVMH-backed private equity firm L Catterton has bought a
stake in Bicester Village owner Value Retail from Hammerson,
handing the UK shopping centre landlord cash proceeds of 600
million pounds  ($775.62 million).
    - Barclays  BARC.L  asked London's High Court to more than
halve a shareholders' lawsuit worth up to 560 million pounds
accusing the British bank of misleading the market about its
private "dark pool" trading platforms.
    - The UK business secretary Jonathan Reynolds revealed the
government will not provide any emergency liquidity funding to
struggling Belfast shipbuilder Harland & Wolff  HARL.L , leaving
it racing to find a private sector financial rescue.
    
    
    ($1 = 0.7736 pounds)

 (Compiled by Bengaluru newsroom)
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