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McKenna assists in international purchase
McKenna Long Aldridge lawyers have spent the last few months working on a three-part, $304 million cross-border transaction between two energy marketing companies.Earlier this month, McKenna partner Ann-Marie McGaughey, the lead lawyer on the deal, helped Toronto-based client Just Energy acquire New York-based Hudson Energy Services, a portfolio company of Chicago private equity firm Lake Capital.Canada Blocks Petronas' $5.2 Billion Bid
The Canadian government has blocked Malaysian state-owned oil firm Petronas' $5.2 billion bid to acquire Calgary-based Progress Energy Resources, saying the proposed investment does not provide a "net benefit" to the country. The rejection has cast a shadow over CNOOC's $15.1 billion bid to buy Calgary-based oil exploration company Nexen.Dealmakers of the Week: Chrysten Perry and Kevin Johnson of Norton Rose Canada
Perry and Johnson led Norton Rose Canada's team advising Malaysian state-owned oil and gas company Petroliam Nasional Berhad on its $5.35 billion purchase of Calgary-based Progress Energy Resources Corp.Firms Dig In On CNOOC's $15.1 Billion Canadian Energy Deal
State-owned China National Offshore Oil Corporation (CNOOC) will pay $15.1 billion to acquire Canadian oil and gas company Nexen Inc. Davis Polk, Stikeman Elliott, Blake Cassels, and Paul Weiss are advising the two companies.Canada Blocks $5.2 Billion Petronas Bid
The Canadian government says it sees no "net benefit" in Malaysian oil giant Petronas' proposed acquisition of Calgary-based Progress Energy Resources.Davis Polk, Stikeman, Herbert Smith Advise CNOOC on Canadian Energy Buy
The state-owned, Beijing-based company has agreed to pay $15.1 billion to acquire Canadian oil and gas company Nexen Inc.State AI Legislation Is on the Move in 2024
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