A&D Conference Exclusive: Petrie Says Asset Transactions Trump Corporate Deals In Energy M&A Activity

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September 2, 2010

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M&A activity in the energy industry has primarily been motivated by asset transactions, while corporate transactions have lessened since previous periods.

Speaking at the Oil and Gas Investor and A&D Watch's A&D Strategies and Opportunities Conference in Dallas today, Bank of America Merrill Lynch vice chairman Tom Petrie discussed how M&A deals have shifted during the past few years.

Asset deals leading up to the 2008 economic crisis included 106 deals in 2005 valued at more than $20 billion, 96 in 2006 valued at about $35 billion, 101 in 2007 ...


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