Mergermarket: Top 30 M&A Deals of H1 2018
(Aug. 3) – In the first half of 2018, the top 30 M&A transactions involving Texas-headquartered companies were pretty big deals. That’s not a big surprise. The surprise is how
ETE To Acquire ETP in Blockbuster $62B Transaction
It is one of the largest simplification transactions in the oil and gas midstream industry.
CDT Weekly Roundup: 13 Firms, 95 Lawyers, 15 Deals Worth $15.1B
Deal activity this past week came close to the 2018 record. Helped along by BHP Billiton’s massive sale of its U.S. shale assets to BP and Merit Energy for $10.8 billion, the deal activity reached $15.1 billion.
Four different law firms advise on two energy-related infrastructure deals worth $2.3B
Texas lawyers from four different law firms were involved in two energy infrastructure-related deals announced Monday that together amounted to nearly $2.3 billion.
M&A H1 Rankings: Shake Outs At The Top
Even for a 2018 characterized by shake-ups – firm mergers, office openings, lateral raids – the changes at the top of the first-half M&A legal advisor charts are remarkable. V&E dropped. Kirkland ascended. And two national firms with no presence in Texas took the top deal value spots.
Oil Patch Busts Out With $12.8B Pair Of Deals Involving Seven Texas Law Firms
Australian mining giant BHP Billiton announced it sold its U.S. shale properties for $10.8 billion in cash. The buyers were BP, which picked up BHP’s Eagle Ford, Haynesville and Permian properties under unit Petrohawk Energy for $10.5 billion; and Merit Energy, whose unit MMGJ Hugoton III agreed to acquire BHP’s Fayetteville Shale assets for $300 million.
2018: So Far, So Good; But Why Only ‘Good’?
January 2018 was greeted by stable energy markets, pent-up private equity and a spanking new investor-friendly tax law. That sounds like the elements of a record year, right?
CDT Weekly Roundup: 15 Firms, 60 Lawyers, 13 Deals Worth $2.13B
Deal activity among Texas lawyers last week was dominated by transactions in the energy sector, from exploration and production assets changing hands to the continued consolidation of the oilfield services industry.
Corporate Lawyers Lateral = Billions of Dollars of Legal Work on the Move
When star Houston corporate lawyer Sean Wheeler moved his law practice to Kirkland & Ellis last week, he likely took his book of business with him. During the past 18 months, Wheeler led or co-led 29 M&A and capital markets deals worth a combined $14.3 billion. A Texas Lawbook investigative report found that at least 84 prominent dealmaking lawyers in Texas jumped to new law firms since Jan. 1, 2017. Those lawyers handled hundreds of deals valued at nearly $200 billion, according to the Corporate Deal Tracker. The Texas Lawbook has exclusive details.
CDT Weekly Roundup: 14 Deals Worth $5.37B at a Time of $1.09T in Private Equity Money Out There Looking for a Home
There’s a whole lot of private equity money out there. At the end of June, according to data from Preqin, alternative investment firms worldwide had $1.8 trillion in “dry powder.” All that available cash has slowed down capital raisings in the first half of this year. But investment activity continues, a chunk of it creating work for transactional lawyers in
U.S. Oil & Gas Acquisition Activity Falters in Q2 – But Maybe Not For Long
Oil and gas M&A transactions in the U.S. dropped in the second quarter, well below quarterly averages experienced since 2009, even as global activity blossomed. The reasons may, in part, be structural; but they also may be temporary, according to Drillinginfo. Claire Poole explains in The Texas Lawbook.
CDT Weekly Roundup: 16 Deals Worth $11.2B At A Busy Time For IPOs
There are lots of reasons, but IPO’s are starting to pop up again in Texas dealmaking. A California oil and gas explorer and producer recently filed for an IPO in which Texas lawyers are involved. And last week a big Texas computer maker announced a deal that will take it public again – and make its billionaire CEO even richer. Claire Poole has all details on those deals and more in The Texas Lawbook.
