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
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GasPro 2.0: A Webcast Symposium
Following the successful GasPro Webcast Symposium in October 2019, the third GasPro Webcast Symposium will take place on October 21, 2020.
The 2019 webcast drew attendees from around the world, with more than 80% of the audience working in company management or engineering divisions.
The 2020 web event will gather experts in the fields of LNG, gas processing and process safety to share market, operations and engineering technology and trends with our audience.
Attendees of the 2020 webcast will learn about market solutions and technology deployments in a number of areas: LNG delivery infrastructure, small-scale desulfurization for NGL, H2S removal for gas treating, process safety for safety instrumented systems, small-scale LNG project design, and advances in freeze component removal for LNG.
October 21, 2020 08:30 AM CDT