Corp. Deal Tracker/M&A Archives - Page 23 of 102

Blackstone Picks Up Interest in Indiana Electric Utility from NiSource for $2.15B

If FERC clears the transaction, NIPSCO will remain a part of NiSource, which will keep an 80.1 percent stake and continue operating the company. The terms of the deal implies a NIPSCO equity value of $10.8 billion. Latham advised Blackstone and McGuireWoods advised NiSource on the deal. Claire Poole has the details.

June 20, 2023 Claire Poole

Civitas Enters Permian by Acquiring Assets from NGP-backed Hibernia, Tap Rock for $4.7B

Kirkland advised the publicly traded buyer, whose management has spoken about wanting to diversify its assets, and Baker Botts and V&E assisted the sellers, which were said to have wanted to shed their assets.

June 20, 2023 Claire Poole

Houston Public Finance Group Jumps to Jackson Walker

A team of four public finance partners from Orrick have moved to Jackson Walker. The Texas-based firm also said it has added a tax partner from California.

June 20, 2023 Brooks Igo

Latham Advises on $1.1B Gulf Coast Terminal Deal

The South Texas Gateway Terminal, located just outside Corpus Christi, is the second largest crude oil terminal facility in the U.S. The deal will be financed by a variety of debt offerings along with permanent financing backed by a $350 million bought deal offering of subscription receipts.

June 15, 2023 Allen Pusey

Earthstone Acquires Novo with a Buy-In by Northern O&G

The deal includes a concurrent sale of working assets to Northern O&G for the equivalent of a third of the consideration, meaning a net payout for Earthstone of $1 billion. The transaction, which involved nearly 40 lawyers from Kirkland and V&E, extends Earthstone’s reach in the Delaware Basin. The Lawbook has the details and, of course, the names of the lawyers involved.

June 15, 2023 Allen Pusey

Patterson-UTI Buys NexTier for Almost $2B

Gibson Dunn advised the buyer while Kirkland assisted the seller in what’s being billed as a merger of equals worth $5.4 billion.

June 15, 2023 Claire Poole

CDT Roundup: 19 Deals, 13 Firms, 118 Lawyers, $8.5B

Deals are down across the globe, according to Refinitiv. In the U.S. the view is a little more complicated. In Texas, it’s a lot more complicated — but in a good way. The CDT Roundup has the numbers for you to consider, along with the usual rundown of last week’s deals.

June 13, 2023 Claire Poole

UPDATED: Dealmakers Leave Jones Day, Kirkland for Clifford Chance

The London-headquartered firm’s Houston office launch team of “at least 10 partners” is taking shape. Partners from Kirkland & Ellis and Jones Day are joining a roster that also includes dealmakers from Vinson & Elkins and Latham & Watkins.

June 10, 2023 Claire Poole

CDT Roundup: 12 Deals, 12 Firms, 138 Lawyers, $6.1B

PureWest was sold last week for $1.84 billion to an unusual consortium of family offices and financial institutions. But you knew that because we wrote about the 67 lawyers at four different firms that worked on it. But PureWest has an interesting history that winds from Wyoming to Appalachia through a couple of bankruptcies and a couple of different names. The CDT Roundup recounts that history, along with a list of the lawyers and firms who reported their deals last week.

June 6, 2023 Claire Poole