Baker Botts and Fried, Frank, Harris, Shriver & Jacobson have the lead roles on a $3.3 billion deal that will see Australian engineering firm WorleyParsons Ltd. acquire the energy and resources arm of Dallas-based Jacobs Engineering Group Inc.
Australia-listed WorleyParsons will pay $2.6 billion in cash and $700 million in shares for the unit, which will give the Sydney-based company a foothold in Europe and North America. New York Stock Exchange-listed Jacobs Engineering will hold an 11 percent stake in WorleyParsons following the transaction.
