Related Practices
|
Covington advises corporations, investment banks, and private equity firms in privately negotiated and public market acquisitions in the US, Europe, and throughout the world. Covington also assists clients in negotiating, structuring, and implementing complex joint ventures and strategic alliances. Many transactions require a multidisciplinary approach involving corporate, tax, regulatory, intellectual property, antitrust, environmental, and employee benefits expertise. The depth of Covington’s resources allows us to provide integrated and comprehensive advice and to respond effectively when standard structures need to be adapted to meet the needs of complex and fast-changing regulatory environments.
Representative Matters
- Kerr-McGee Corporation’s proposed $18 billion all cash merger with Anadarko Petroleum and its earlier $3.4 billion stock merger with Westport Resources Corporation; in a transaction valued at over $250 million, Kerr-McGee’s two step spin off of its chemicals business, renamed Tronox Incorporated post-spin; and Kerr-McGee’s successful defense against a proxy fight launched by Carl C. Icahn, resulting in a $4 billion buyback of common stock through a modified “Dutch Auction” tender offer.
- UBS in its successful acquisition of Enron's North American electricity and natural gas and power trading business and Enron Online, in a deal valued at up to $8.0 billion.
- UBS, as financial advisor to Duke Energy Corp. in its $6 billion merger with Cinergy Corp.
- Lightyear Capital LLC’s acquisition of California power plants from Tractebel Energy, and its resale of these same plants to Countryside US Holding Corp.
- Charlesbank Capital Partners, LLC’s purchase of midstream gas assets of El Paso Corporation through Regency Gas Services.
|
|
|
|
|
|
|