Multibillion-Dollar High Tech, Energy Deals Add to Resurgence of M&A in Q4
The deals highlight two early-week, multibillion-dollar deals in the high tech and energy sectors as M&A work continues to grow in the latter part of the year, hoping to course-correct a rocky spring.
October 21, 2020 at 12:47 PM
4 minute read
The original version of this story was published on The American Lawyer
Skadden, Arps, Slate, Meagher & Flom represented South Korean semiconductor supplier SK hynix in its $9 billion acquisition of Intel's NAND component and wafer business while Gibson, Dunn & Crutcher represented Dallas-based energy company Pioneer Natural Resources in its $7.6 billion acquisition of Austin, Texas, based Parsley Energy in two early-week deals that are helping shape a resurgent Q4 for mergers and acquisitions work.
Intel was represented by Munger, Tolles & Olson, Wilmer Cutler Pickering Hale and Dorr, Linklaters and Bae, Kim & Lee. K&C and Fangda Partners also represented SK hynix in the transaction.
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