Akin Gump Advises SRC on $1.7B Sale to PDC
PDC expects the all-stock merger with SRC to create the second largest oil and gas producer in the DJ Basin and significantly boost its cash flow, an all-important metric to today’s energy investors.
Latham, Bracewell Assist on Pembina’s $3.3B Purchase of Kinder Morgan Canada, Cochin Pipeline
As The Lawbook previously reported, analysts thought Houston-based Kinder Morgan might sell its remaining stake in Kinder Morgan Canada after encountering opposition to the Trans Mountain pipeline project. Now it has, and Claire Poole has the scoop.
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.
Houston Firm Joins Billion-Dollar Club
Wilson Cribbs and Goren’s Tony Marré and Derek Pershing recently reached the $1 billion mark for real estate deals handled over the last year-and-a-half, trading around everything from luxury apartments to retail centers to storage facilities. Marré talks about what’s fueling all the work – and what may be to come.
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.
Texas Lawyers Behind Three Billion-Dollar-Plus Deals
Attorneys at the Texas offices of Jones Day, Orrick, Shearman and Gibson Dunn help paper up big transactions for Britain's BBA Aviation, France's Veolia and a JV between Colombia's Ecopetrol and Oxy.
Darwin Bruce Sees Gold in Small-to-Middle Market M&A
Darwin Bruce, former long-time GC for T.D. Jakes, is pioneering a new initiative designed to significantly improve M&A and CapM opportunities for small and middle market business community in Texas. The lower middle market is woefully underserved, even though those are the businesses driving the economy, but Bruce says he plans to fix that.
DBJ: Merger Agreement Terminated between CEC Entertainment, Leo Holdings
CEC Entertainment, owner of Chuck E. Cheese and Peter Piper Pizza and part of Queso Holdings Inc., announced that its merger agreement with Leo Holdings Corp. (NYSE: LHC) has been
HuntonAK, V&E advise on Osaka’s $610M Sabine Oil purchase
Osaka’s purchase of Houston-based Sabine will give it the target’s entire natural gas position in East Texas and make it the first Japanese acquirer of a U.S. shale gas developer. Claire Poole has the details.
Kirkland Leads Texas M&A H1 Rankings…By Far
M&A activity involving Texas companies may have declined during the first six months of 2019, but the slump has not impacted the corporate transactional machine that is Kirkland & Ellis. The Texas Lawbook has exclusive Mergermarket data ranking the top 30 law firms representing Texas businesses in dealmaking.