JAPEX Acquires DJ Basin Assets for $1.3B
Willkie Farr & Gallagher advised JAPEX and Kirkland & Ellis advised Verdad Resources Intermediate Holdings on the deal, which includes more than 100,000 acres of tight oil assets in Colorado and Wyoming.
TAE Technologies to Merge with Trump Media and Technology in $6B Nuclear Fusion Deal
A Texas-based Baker Botts team led the deal for TAE, which intends to add commercial, scalable nuclear fusion to the Trump portfolio. DLA Piper advised TMTG.
Winston & Strawn to Merge with Taylor Wessing UK to Form Global Business Firm
Winston & Strawn announced Monday that it has agreed to a trans-Atlantic merger with Taylor Wessing, the global business law firm ranked among the top 20 law firms in the United Kingdom.
Winston & Strawn's Dallas and Houston offices ranked 18th in combined Texas lawyer headcount and 15th in Texas-based revenue with $215 million for 2024.
TXSE Group Gains $20M in New Equity Investments
The nascent Texas Stock Exchange boosted its total capitalization to $270 million with the addition of $20 million from a new group of investors led by Goldman Sachs and Bank of America.
Dallas Fed Survey Reveals Anxiety in Manufacturing, Services and Retail
The latest tranche of Texas Business Outlook Surveys from the Dallas Fed was released and the outlook self-described — at least among the Texas manufacturing, services and retail sectors surveyed — is not one of unbridled optimism. Kevin Henderson, a founding partner of SMB Law, says, "We still see a ton of M&A activity in the SBA space, but when talking to current business owners, things are definitely not as rosy as they have been in the past in terms of excitement on outlook. People are nervous about tariffs and overall economic impact and how it will affect their businesses."
Latham Makes the Chris Heasley Move Official
After more than 11 years at Kirkland, Christopher Heasley has formally taken his diverse energy practice to Houston. The move was first reported by Bloomberg Law in late November.
Lone Star Sells SPX Flow to ITT for $4.8B
Gibson Dunn advised Dallas-based Lone Star on the mostly-cash deal. Paul Hastings counseled Connecticut-headquartered ITT. Lone Star acquired SPX Flow in a 2022 take-private transaction.
Adding Texas Divestitures, DOJ Approves $16.4B Constellation/Calpine Merger
A $16.4 billion merger that would create the nation's largest provider of wholesale electricity cleared its final hurdle Friday with an announcement by the U.S. Department of Justice that Constellation Energy and Houston-based Calpine Energy had agreed to resolve antitrust concerns with the divestment of six power plants based in the Northeast and Texas.
VC Advisor Carmelo Gordian Departs A&O Shearman for Holland & Knight
Veteran venture capital lawyer Carmelo Gordian, a longtime Austin-based specialist in emerging companies, has signed on as a partner with Holland & Knight, leaving A&O Shearman after a nearly eight-year run.
Delaware Judge Clears Citgo Parent Sale, Wrapping Up Venezuela Debt Fight
A federal court in Delaware last week approved an end to the Venezuelan Citgo Petroleum saga, authorizing the sale of the company's parent PDVSA to an affiliate of Elliott Investment Management for $5.9 billion.