Acquisitions & Divestitures - Mergers & Acquisitions
Deal positions Granite as a national leader across both transportation and water infrastructure markets
The proposal calls for Midstates to offer SandRidge investors 60% of the company but manage the combined assets in what Midstates says would be the largest Mississippian Lime E&P.
Royal Dutch Shell (NYSE: RDS.A) has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint.
Atnipp brings expertise in oil and gas to Winston & Strawn transactions practice.
New CEO Fehrman comes from utility and renewables units of Berkshire.
Survey shows that the renewables sector M&A activity will likely favor China and Germany, with U.S. policies curbing investors’ interest.
Stallion Oilfield Services completed the acquisition of Basin Wastewater Solutions, a Carlsbad, N.M.-based provider of rig site potable water and wastewater recycling services for the Permian market.
Proceeds, along with equity from Zenith’s owner Warburg Pincus, are earmarked to fund its acquisition of Arc Logistics Partners and refinance debt.
Activist investors controlling roughly 28% of SandRidge stock have said the deal pays too much for Bonanza, an assertion SandRidge rejects.
GEODynamics is a 'unique acquisition opportunity,' said Oil States CEO Cindy B. Taylor, adding the deal will offer meaningful growth potential that combines technology with downhole consumable completion solutions.
The combination of Unimin and Fairmount Santrol will create a company with about $2 billion in annual revenue and will supply more than 45 million tons of frack sand annually.