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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