CDT Roundup: 15 Deals, 12 Firms, 56 Lawyers, $23.8B
Activist investors hit one of Texas’ largest companies and dealmaking value reached high numbers thanks to one law firm’s advice to a new real estate fund, the largest ever.
CDT Roundup: 17 Deals, 15 Firms, 98 Lawyers, $3.5B
The public markets are shrinking while private equity is expanding, with investors putting 14% of their assets in private markets, a number that's expected to balloon to 20% over the next 10 years. Private equity deals are increasingly showing up on the Corporate Deal Tracker, making up half of last week’s activity after the Labor Day holiday. Claire Poole reports on the trend.
CDT Roundup: 5 Deals, 6 Firms, 50 Lawyers, $8.7B
Almost 75% of alternative investors think equity markets have hit their peak, up from 61% at the end of last year, according to Preqin, with most believing a correction is coming next year or beyond. Slower-than-usual deal flow – especially this past week – may be reflecting those worries, as Claire Poole reports.
CDT Roundup: 16 Deals, 14 Firms, 82 Lawyers, $10B
Oil and gas dealmaking expo NAPE saw fewer attendees last week, which many observers attribute to low commodity prices – and deal flow – that are hurting the industry. Claire Poole reports on that and what Texas deal lawyers have been working on.
CDT Roundup: 10 Deals, 5 Firms, 52 Lawyers, $1.68B
Deal flow involving Texas lawyers was slower than slow this past week. But better times may be ahead, with one firm predicting an increase in North American transactions in the second half of 2019, particularly in energy and power, materials and consumer/retail. Claire Poole reports.
CDT Roundup: 17 Deals, 15 Firms, 68 Lawyers, $17.7B
Oil and gas types gathering at a conference last week in San Antonio didn’t get much cheer from investment bankers, who spoke of grumpy sentiment toward the sector. But there are some bright spots on the dealmaking horizon, as Claire Poole reports, along with her weekly tally of deals.
CDT Roundup: 13 Deals, 12 Firms, 108 Lawyers, $5.76B
There is some anxiety ahead of this week's expected approval by Anadarko Petroleum shareholders of the company's $38 billion sale to Occidental Petroleum. Though approval won't likely thwart Carl Icahn's proxy fight, it will allow Oxy to size-up assets whose sale might help pay down the transaction's sizable debt. In her weekly Roundup, Claire Poole discusses the ramifications along with a week's worth of Texas M&A deals.
CDT Roundup: 11 Deals, 13 Firms, 76 Lawyers, $7.3B
Will the deal machine keep churning? With worries over the U.S. economy and trade tensions, some aren't so sure. But PwC thinks M&A will remain active, with technology dominant. Claire Poole explores the firm's analysis plus provides highlights of the deal week that was among Texas lawyers.
CDT Roundup: 13 Deals, 13 Firms, 125 Lawyers, $11.8B
Energy M&A isn't the only market that's gone torpid. According to Drillinginfo, public equity and debt offerings raised only $16.9 billion in the second quarter, down more than a third from this time last year. Claire Poole has the numbers underlying those numbers, along with a slightly more optimistic CDT Roundup of Texas activity.
CDT Roundup: 10 Deals, 7 Firms, 46 Lawyers, $775.5M
Deal activity involving Texas lawyers continued to be weak this past week – and way weaker than this time last year, which doesn't portend a great second half of the year. Claire Poole has the numbers.