Quantcast

SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions
Marathon Petroleum Corp. Buys $1.8B in assets from BP

The deal could require an additional $700 million payment

Marathon Petroleum Corp. (NYSE: MPC) will acquire integrated refining and marketing assets in Texas and the southeast U.S. from London-based BP plc (NYSE: BP) for about $1.8 billion.

The deal could also require up to $700 million in additional payments over a six-year period.

Findlay, Ohio-based Marathon Petroleum will purchase BP’s Texas City refinery, three intrastate pipelines and other assets through the deal.

The buyer has a crude-oil capacity of $1.2 million barrels per day with its six refineries.

Jones Day partner Jeff Schlegel led the legal team that advised Marathon.

 

For more information on related topics, visit the following: