Magic Circle firms Linklaters and Freshfields Bruckhaus Deringer are advising on a $3.2 billion cash-and-stock takeover of Swiss oilfield services and power equipment maker Foster Wheeler by British engineering giant Amec.
The deal, which is expected to close in the second half of this year if approved by shareholders of both companies, would help London-based Amec bolster its position in Latin America. Completion of the merger—in which the combined companies would be valued at more than $8 billion—would also see Amec become publicly listed in the United States. (Nasdaq-listed Foster Wheeler’s operational headquarters are in Clinton, N.J.)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
