Baker Botts represents WorleyParsons in $3.2B acquisition of Jacobs Engineering Group Inc.’s ECR business
WorleyParsons Ltd. completed its previously announced acquisition of the energy, chemicals and resources division of Jacobs Engineering Group Inc. for $3.2 billion, consisting of $2.6 billion in cash, subject to adjustments for changes in working capital and certain other items, plus ordinary shares of WorleyParsons equal to $600 million.
As previously announced, at closing, Jacobs became the holder of approximately 11.1% of the combined WorleyParsons.
Baker Botts L.L.P. represented WorleyParsons in the acquisition
Outside Counsel to WorleyParsons: Baker Botts L.L.P.
Inside Counsel to Worley Parsons: Larry Kalban, Senior Vice President and General Counsel
Financial Advisor to WorleyParsons: UBS AG
Outside Counsel to Jacobs: Fried, Frank, Harris, Shriver & Jacobson LLP
Financial Advisors to Jacobs: Perella Weinberg Partners LP and Centerview Partners
Value: $3.2 billion in cash and stock
GasPro 2.0: A Webcast Symposium
Following on the heels of the highly successful GasPro 2.0 Webcast Symposium in October 2018, the second GasPro Webcast Symposium 2.0 will take place on October 24, 2019.
The 2019 web event will gather experts in the fields of LNG, gas processing, and gas transport/distribution to share their operations expertise, engineering and design solutions, and technology advances and trends with our audience.
Attendees will learn about technology and operational solutions and deployments in a number of areas: plant design and expansion, construction, NGL production, optimization, sulfur removal, marine operations and separation technology.
October 24, 2019 08:30 AM CDT