Vital, NOG buy assets owned by Vortus-backed Point for $1.1B
Gibson Dunn advised Vital on the deal while Akin assisted Point and Vortus. Kirkland counseled NOG, its second joint acquisition with Vital in the Delaware Basin.
Casey’s to Acquire CEFCO Convenience Stores in $1.45B Deal
The all-cash transaction adds 148 stores in Texas and another 50 across Mississippi, Florida and Alabama. Paul Weiss, Cleary Gottlieb and Fort Worth's Bourland, Wall & Wenzel advised.
Simpson Thacher’s Houston Office Advised on KKR/T-Mobile Metronet Deal
Corporate partners Breen Haire and Shamus Crosby advised on the creation of a joint venture with T-Mobile to secure Metronet, along with its two million broadband customers across 17 states.
Helmerich & Payne Buys KCA Deutag for $1.97B
A mostly Houston team from Kirkland & Ellis advised Tulsa-based buyer and A&O Shearman assisted the Scottish target, which would establish H&P as a global leader in onshore drilling.
The First Half of 2024: The Role of Billion-Dollar Deals
Nothing says Texas M&A better than a billion-dollar deal. And in the first half of 2024, there were plenty of them.
Recidivist Acquiror IDEX Buys Mott for $1B
Sidley, led out of Dallas, advised the publicly traded IDEX. Cooley assisted the employee-owned Mott, which fits the buyer's "sweet spot" of highly engineered, configurable mission-critical components.
CDT Roundup: 15 Deals, 14 Firms, 184 Lawyers, $16B
The CDT Roundup occasionally spotlights a lawyer whose pops up in connection with one of our larger deals. Mitch Tiras has popped up lots of times over the years, this last week in connection with the $1.54 billion Quanta Services acquisition of Cupertino Electric. We take a quick look at his recent work, along with the usual list of deals reported last week and the lawyers behind them.
Woodside Purchases Tellurian for $1.2B
A mostly Texas team from Akin Gump advised Tellurian while Norton Rose Fulbright advised Woodside, which the Australian company claims positions it to be a global LNG powerhouse.
Clearwater Paper Sells Tissue Business to Sofidel America
Pillsbury Winthrop Shaw Pittman advised Spokane-based Clearwater on the deal, which included lawyers from Austin. Sofidel, a major provider of tissue products in Europe and eight states in the U.S., says it plans to continue its expansion in North American markets.
Darden Buys Chuy’s in $605M Deal
Out-of-state lawyers led the Hunton Andrews Kurth team that counseled the buyer and a Dallas group from Winston assisted the seller on the transaction, which comes with a 30-day "go-shop" period.
CDT Roundup: 20 Deals, 14 Firms, 268 Lawyers, $17.2B
We've passed the halfway point of 2024, so it seems like a good time to make a periodic check of our own metrics. This week we look at the table that hides in plain sight inside our column and actually use it to measure what we've done; specifically, a statistical survey of the deal summaries we've published so far this year. As usual, the numbers are surprising, even to us; especially the number of names of lawyers that have showed up in the column. And, of course, we include even more names from the deals we received last week.
UK M&A Transactions: Key Considerations for US Buyers
Despite a general slowdown in global mergers and acquisitions activity in recent years, certain U.S. buyers have continued to target U.K. businesses and assets for acquisition. Interest in the U.K. M&A market has been further supported by its perceived safety in a global macro environment that appears increasingly challenging. This article highlights key considerations for a U.S. buyer interested in pursuing an M&A transaction in the U.K., with specific notes relevant to Texas business.
