Transocean GC Brady Long selected King & Spalding as the company’s lead U.S. legal adviser on its $3.4 billion purchase of Norway’s Songa Offshore announced Tuesday – a deal characterized as the biggest offshore drilling sector merger since oil prices collapsed in 2014.
Fort Worth-based Williamson-Dickie turned to its long-time outside counsel Haynes and Boone to advise the family-owned workwear maker in its $820 million sale to branded lifestyle apparel manufacturer VF Corporation of North Carolina.
The consolidation oilfield services continues with Nabors Industries acquisition of Tesco Corp. Norton Rose Fulbright helped make it happen. Details in The Texas Lawbook.
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.
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.
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.
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.”
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.
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.
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.