Allen & Overy (A&O) and Slaughter and May have scored roles on a multibillion-pound cross-border deal in the energy sector. The $2.8bn (£1.7bn) transaction will see the UK-based Wood Group sell off its well support division to US industrial giant General Electric (GE). The deal, announced yesterday (14 February), saw A&O win both the US and UK mandates for GE, while Texas energy specialist firm Baker Botts advised Wood Group in the US, with Slaughters advising in the UK.
February 15, 2011 at 12:22 PM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) and Slaughter and May have scored roles on a multibillion-pound cross-border deal in the energy sector.
The $2.8bn (£1.7bn) transaction will see the UK-based Wood Group sell off its well support division to US industrial giant General Electric (GE).
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