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Stock impact report

Golar LNG launches strategic review to advance FLNG growth plans [Yahoo! Finance]

Golar LNG Limited - Common Shares (GLNG) 
US:NASDAQ Investor Relations: golarlng.com/investors
Company Research Source: Yahoo! Finance
examine options that advance its floating liquefied natural gas (FLNG) expansion and maximise shareholder value. The company's Board of Directors stated that the evaluation will encompass Golar's FLNG technology, existing long-term contracts and future growth opportunities. As part of this process, Golar LNG has engaged Goldman Sachs International as its financial adviser. The purpose of the strategic review is to speed up the development of its FLNG projects and increase value for shareholders, according to the company. Potential courses of action under consideration include a possible sale, merger, business combination, asset divestiture or corporate restructuring. Golar LNG aims to identify solutions that could expedite the deployment of its FLNG solutions and deliver returns to shareholders. The company does not expect to provide further updates on the review until it reaches a conclusion and noted that there is no fixed timeline for the process or certainty that it wi Show less Read more
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