“There may not be many mega-deals left, but we are likely to continue seeing consolidation in the industry," observed Luis Gomar, partner at Paul Hastings.
October 24, 2023 at 01:01 PM
8 minute read
The original version of this story was published on American Lawyer
Despite the drop in deal activity this year, several Am Law 100 firms are gaining more M&A work through big oil deals announced this month. And dealmakers expect to see even more energy industry consolidation in the future.
In a deal announced Monday, Chevron turned to Paul, Weiss, Rifkind, Wharton & Garrison on its $53 billion buy of Hess Corporation, which was guided by Wachtell, Lipton, Rosen & Katz.
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