https://www.law.com/2024/05/30/wachtell-kirkland-advising-on-pending-22-5b-texas-energy-acquisition/
Credit: Jemang/Adobe StockNEWS
Wachtell, Lipton, Rosen & Katz is representing ConocoPhillips in its pending acquisition of Marathon Oil Corp., which turned to Kirkland & Ellis.
May 30, 2024 at 11:55 AM
3 minute read
The original version of this story was published on Texas Lawyer
What You Need to Know
- Marathon Oil Corp. has agreed to be acquired by ConocoPhillips Co. in an all-stock deal valued at $22.5 billion.
- Kirkland & Ellis represents Marathon Oil, while ConocoPhillips turned to Wachtell, Lipton, Rosen & Katz.
- A number of significant and large energy sector M&A have been announced recently.
Wachtell, Lipton, Rosen & Katz is representing ConocoPhillips Co. in its pending $22.5 billion acquisition of Marathon Oil, which has turned to Kirkland & Ellis, in the latest significant acquisition in the hot energy sector.
The two Houston-headquartered companies announced the transaction on Wednesday.
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