The M&A Scene: EuroGrowth
Photos of dealmakers at ACG's EuroGrowth conference, held at the Sheraton Park Lane Hotel in London. Photo credit: Victoria B Photography
Where Is the Market Headed?
Dealmakers report slight uptick in our new index, sponsored by PwC
As Cinemas Combine, Creativity Abounds
Strategic buyers are jockeying to snatch up struggling theater companies and becoming more creative in the services they provide
New products and services aim to streamline the M&A process
It's a holiday shopping rush of a different sort a plethora of energy deals have been announced in December by strategic buyers and private equity firms alike. And the phenomenon will continue, explains Jones Day partner Jeff Schlegel. Theres something for everyone in the market right now, he tells Mergers & Acquisitions. Schlegel has advised numerous energy transactions recently, including Access Midstream Partners LP's (NYSE: ACMP) acquisition of Chesapeake Midstream Operating LLC for $2.16 billion and Chevron Pipeline Co.'s selling its Northwest Products Pipeline System to Tesoro Logistics LP (NYSE:TLLP) for $400 million. Though deals might slow down at the start of 2013 because so many are closing before 2012 ends, the demand for energy will stay strong, he adds. ALLISON COLLINS
December 12, 2012 TNK-BP was formed with BPs Russian oil and gas assets, and those of Alfa Group, Access Industries and Renova
December 12, 2012 Spectra Energy will buy the Express-Platte Pipeline System, which runs from Canada to Illinois
December 12, 2012 Chevron Pipeline is selling off 760 miles of oil pipeline through the deal
December 10, 2012 Chinese firm's $256M bid for auto battery maker still requires approval from the Committee on Foreign Investment in the United States
December 5, 2012 The Phoenix-based company's acquiring of Plains Exploration and McMoRan contributes to a string of recent energy deals
Foreign firms buy stakes in U.S. drilling companies; bankers set up shop in Houston. "It's fair to say everyone wants energy security, which means reducing reliance on imported oil and gas," says Dean Colucci, president of MLV& Co.