 |
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.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
