Oilfield Services Continue to Consolidate with Nabors Acquisition
The consolidation oilfield services continues with Nabors Industries acquisition of Tesco Corp. Norton Rose Fulbright helped make it happen. Details in The Texas Lawbook.
AK, Bracewell, Gibson Dunn and V&E Lead Week of M&A and Capital Markets
Midstream and infrastructure oil and gas deals stood out among the transactions of note this week. Lawyers from Andrews Kurth, Gibson, Dunn, Bracewell and Vinson and Elkins were in the thick of things. See who they are and what they did The Texas Lawyer.
IPOs pick up steam with $454 million Venator Materials NYSE offering
Vinson & Elkins lawyers were behind an IPO involving one of the nation's key producers of paint pigments. The $454 million deal placed shares of Venator Materials on the New York Stock Exchange. The proceeds will be used pay down debt by Venator's parent company, Huntsman Corp. Details on all the lawyers involved in The Texas Lawbook.
Houston Lawyers Advise in $1.3 Billion Genesis Energy-Tronox Deal
Genesis Energy has agreed to a $1.3 billion purchase of the world’s largest producer of natural soda ash—used to make glass and other industrial products. Houston-based lawyers were all over the deal. Read who was involved in The Texas Lawbook.
Kelly Hart, Gibson Dunn Work on $150M Sony Anime Deal
Anime enthusiasts would be jealous of the lawyers at Kelly Hart & Hallman and Gibson, Dunn & Crutcher who just handled Sony Pictures’ majority stake purchase of Flower Mound-based Funimation, the anime distributor giant behind titles such as “Dragon Ball Z,” “Cowboy Bebop,” and “One Piece.”
Willkie Farr & Gallagher advises on $525 million sale of Samson Resources II energy assets
By Claire Poole (Aug. 1) Samson Resources II announced Tuesday the sale of $525 million in East Texas and Louisiana oil and gas assets to Houston-based Rockcliff Energy II. Willkie Farr & Gallagher advised. The sale is part of a Samson II plan to pay down debt. Details are in The Texas Lawbook.
Andrews Kurth Kenyon and V&E Work on $1.1B MLP Exchange Transaction
A group of Houston lawyers on Monday handled a complex transaction for the coal industry’s first publicly-traded master limited partnership and its general partner that is worth around $1.1 billion.
Gibson Dunn Advises in $205M Eagle Ford Deal
Houston-based Penn Virginia Corp. said Monday that it will acquire Eagle Ford Shale assets from Devon Energy Corp. for $205 million in cash. The deal is part of a $1 billion divestiture program that Devon recently announced.
Boutique Investment Banks Making Inroads Among the Top Dealmakers in Texas
The bulge-bracket banks that normally rank at the top of the financial adviser league tables nationally are getting some new and fierce competition in the Lone Star State. The Texas Lawbook has exclusive Mergermarket data with the top 30 financial advisers involved in Texas-based M&A.
Reata Pharmaceuticals Taps V&E for Public Offering
Reata Pharmaceuticals CLO Mike Wortley has turned to his old law firm, Vinson & Elkins, as its legal adviser handling its underwritten public offering of 3.25 million shares, which is expected to raise more than $100 million for the Irving company.
Baker Botts, Vinson & Elkins Advise on QEP Transaction That Was in Doubt
Some thought QEP’s $740 million divestiture deal might not happen. But lawyers in Dallas, Houston and Austin saw it through. Details are in The Texas Lawbook.
Mergermarket Law Firm H1 2017 M&A Rankings: V&E, Kirkland, Latham – and a lot of Non-Texas Firms
The Texas Lawbook has exclusive new Mergermarket M&A data on the law firms doing the most deals for Texas companies during the first half of 2017. Twenty-three of the top 30 law firms advised on more transactions than they did one year earlier. Four law firms did fewer deals than they did in H1 2016. Eight firms doubled the number of transactions they handled and 21 of the 30 firms doing the most deals are based outside of Texas. The Lawbook has all the details.
