Corporate Mergers & Acquisitions

Free

Williams, ETE Tax Issue Trial Is Set For Late June

ETE said it has filed a counterclaim to Williams' lawsuit. The lawsuits are the latest twist in what has been a testy transaction almost from the get-go, Reuters reported.

Erin Pedigo
Tue, 05/24/2016 - 11:44
Free

Papua New Guinea May Challenge Oil Search, InterOil $2.2 Billion Merger

The commissioner of Papua New Guinea's ICCC said he was concerned the parties were not coming to the ICCC for regulatory approvals. The merger would assemble a LNG powerhouse in the country.

Emily Moser
Tue, 05/24/2016 - 07:30
Free

Oil Search Boosts LNG Push With $2.2 Billion InterOil Bid

InterOil is coveted for its stake in the Elk-Antelope fields, which could hold at least 6.2 trillion cubic feet of gas, more than enough to fill one LNG processing train. Drilling of one more well this year could prove it holds much more.

Emily Moser
Fri, 05/20/2016 - 07:40
Free

Technip, FMC Technologies To Merge In All-Stock Deal

The transaction is expected to deliver annual pretax savings of at least $400 million as of 2019 and boost earnings per share significantly, the companies said in a statement on May 19.

Emily Moser
Thu, 05/19/2016 - 06:20
Free

Accusations Fly As Williams Files Lawsuit To Save Deal With Energy Transfer

Williams said in a statement that Energy Transfer Equity has used "delay and obstruction" to try and wriggle out of its agreement but Energy Transfer responded on May 15 by saying the lawsuit was an attempt to gain leverage in any future deal talks.

Emily Moser
Mon, 05/16/2016 - 07:30
Free

The Oil & Gas Asset Clearinghouse Expands Into Mexico

In Mexico, Beatriz Camarena Maney also was international legal liaison to foreign oil and gas entities for Pemex. Humberto D. Sirvent is OFSCap's lead partner for private equity, family offices and other categories. 

Fri, 05/13/2016 - 09:58
Free

AWE Rejects $311 Million Bid From Lone Star Fund

The bid adds to a spate of energy deals in Australia over the past year with acquirers seeking to swoop on beaten down assets,  from Beach Energy's takeover of Drillsearch Energy to Woodside Petroleum's  bid for Oil Search.

Emily Moser
Wed, 05/11/2016 - 07:40
Free

Ethos Offshore Forms Through Harkand North American, West African Management Buyout

Ethos Offshore Ltd. is backed by investment funds advised and managed by Oaktree Capital Management LP. It is expected to have a contracted backlog of $145 million worth of projects. 

Erin Pedigo
Fri, 05/06/2016 - 09:18
Free

Energy Transfer Rejects Williams' Proposals To Resolve Tax Issues

Williams has alleged that Energy Transfer is looking into ways to walk away from the tie-up even though the terms of the deal would not allow that.

Emily Moser
Thu, 05/05/2016 - 07:40
Free

Petro River Closes Horizon I Investments Acquisition

As result of the closing, Petro River acquired $5 million in cash and receivables, and an indirect 20% membership interest in Horizon Energy Partners, a news release said.

Wed, 05/04/2016 - 09:00
Free

Energy Transfer, Williams Amend Deal To Expedite Admin Process

A new timeline will give the companies time to renegotiate terms ahead of June 28 - the deadline for the deal to close, people familiar with the matter told Reuters on May 2.

Emily Moser
Tue, 05/03/2016 - 07:31
Free

Baker Hughes To Buy Back Stock, Debt After Halliburton Deal Fails

Baker Hughes will get $3.5 billion as part of the merger agreement, which the companies terminated on May 1 after opposition from U.S. and European antitrust regulators.

Emily Moser
Mon, 05/02/2016 - 08:02

Pages