More than 50 lawyers from five different law firms – Bracewell, Haynes and Boone, Kirkland & Ellis and Latham & Watkins – are representing clients in the $3.8 billion merger this week of Silver Run Acquisitions II with Alta Mesa Holdings and Kingfisher Midstream. The financial advisers include Barclays, Tudor, Pickering, Holt, Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan. The Texas Lawbook has the details.
Transocean Turns to King & Spalding for $3.4B Acquisition
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.
HayBoo Leads $820M Dickies Deal
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.
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.