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Joele Frank, Wilkinson Brimmer Katcher is counseling Anadarko Petroleum Corp, which today reopened negotiations with Occidental Petroleum on its revised $38B takeover bid.
The independent energy giant on April 11 accepted a bid from Chevron Corp., which eyes Anadarko’s shale holdings in the Permian Basin of Texas and New Mexico.
After consulting its financial and legal advisors, Anadarko’s board “unanimously determined” that OxyPete’s bid “could reasonably be expected to result in a superior proposal” to the Chevron offer, according to its statement.
Since there is no guarantee that a deal with OxyPete will be reached, the Chevron merger agreement remains in effect.
JFWBK’s Matthew Sherman, Dan Katcher, Scott Bisang and Matt Gross represent Anadarko.
FGS Global represents private equity firm Thoma Bravo as it makes a $4.6B bid for Darktrace, a UK-based cybersecurity artificial intelligence firm.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
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