Corporate Mergers & Acquisitions


Statoil CEO: More Deals Likely To Follow Shell-BG

Eldar Saetre didn’t comment on Statoil’s deals strategy, but speculated more deals will follow Shell’s purchase of BG, Bloomberg said. Sellers’ high valuation expectations are problematic, he said.

Fri, 04/17/2015 - 13:43

Shell Hires Barclays For Loan In BG Purchase

Royal Dutch Shell Plc hired Barclays Plc to arrange a 10 billion pound (US$15 billion) short-term bridge loan for the purchase of BG Group Plc, people told Bloomberg. 

Fri, 04/17/2015 - 11:38

Murray Energy Will Alter Foresight Takeover Deal

Murray Energy Corp. will acquire 34% of Foresight Energy LP parent unit voting rights during $1.37 billion takeover, Bloomberg said.  Without voting control, Murray won’t buy $600 million Foresight bonds.

Fri, 04/10/2015 - 13:40

Exxon, BP Could Be Considering Deals

Speculation of an Exxon-BP combination surfaced last year after oil prices declined, increasing big mergers’ appeal, Bloomberg said. Now, M&A is in the wake of the Shell-BG acquisition news.

Thu, 04/09/2015 - 10:56

Shell Could Sell Australian Natural Gas Assets If It Buys BG

If Shell buys BG Group Plc, gas from Australia’s Arrow project could be sold, an analyst said. Shell and PetroChina won’t build an export terminal due to costs, Bloomberg said.

Wed, 04/08/2015 - 10:01

Shell Is In Talks To Buy BG Group

The merger would unite the U.K.’s first- and third-largest natural gas producers, Bloomberg said. The companies are still in talks, and the matter is private.

Tue, 04/07/2015 - 16:30

Tesoro Logistics Will Acquire QEP Midstream Partners

Greg Goff, chairman and CEO of QEP Midstream Partners GP, said the merger will allow a simplified business structure. The transaction is scheduled to close this year, subject to approvals.

Tue, 04/07/2015 - 10:48

Oceaneering Wraps Up Acquisition Of C&C Technologies

Houston-based Oceaneering will absorb 550 C&C personnel.

Emily Moser
Tue, 04/07/2015 - 10:30

HAL/BHI Stockholders Approve Merger

Special meetings determined the shareholders’ votes. The merger of Halliburton and Baker Hughes is scheduled to close in the second half of 2015, subject to regulatory approvals.

Fri, 03/27/2015 - 15:02

C&J Energy Services Ltd. Emerges From C&J, Nabors Merger

C&J Energy Services Ltd. is led by current C&J management and will be based out of Bermuda. The transaction was originally announced June 25, 2014.

Wed, 03/25/2015 - 09:43

Superior Energy Services Seeks Assets From BHI/HAL Merger

Superior is interested in assets Baker Hughes Inc. and Halliburton Co. must sell during their merger, Bloomberg said. Superior, seeking international exposure, will become the fourth-largest oilfield services company.

Mon, 03/23/2015 - 15:31

Halliburton, Baker Hughes Seek April Asset Sales

Several batches of overlapping business lines will be unloaded to win U.S. Justice Department approval for their $34.6 billion combination, according to people with knowledge of the matter, Bloomberg said.

Mon, 03/23/2015 - 10:35