Oil and gas tops off this week's list of billion-dollar deals, with Royal Dutch Shell plc's $70 billion acquisition of BG Group plc. Magic Circle and Am Law firms landed roles on the mega deal, with Slaughter and May, Cravath, Swaine & Moore and De Brauw Blackstone Westbroek advising Shell, and Freshfields Bruckhaus Deringer working on behalf of BG Group.
April 09, 2015 at 05:21 PM
1 minute read
Oil and gas tops off this week’s list of billion dollar deals, with Royal Dutch Shell plc’s $70 billion acquisition of BG Group plc.
The deal marks the largest in the space since Exxon’s $82 billion buy of Mobil in 1999, and may serve as a forebearer to additional oil and gas megadeals given relatively low oil prices, according to reports. It also further solidifies Shell’s position as the global leader in liquefied natural gas.
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