Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 25-03-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | First Reserve Corporation Sale of Saxon Energy Services Interest | Industry: | Oil Equipment, Services & Distribution |
| Description: |
The Firm is representing First Reserve Corporation in connection with its sale of all of its interests in SES Holdings Limited, the parent holding company of Saxon Energy Services, to Schlumberger Limited. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals.
Saxon is an international oilfield services company that currently operates a fleet of 87 drilling rigs in 10 countries and provides support services to an additional 35 rigs worldwide.
The Simpson Thacher team for the transaction includes Andrew Smith, Ariel Oxman, Austen Heim and Adam Moss (M&A); Ed Tolley and Joshua Bonnie (Capital Markets); Joe Tringali, Michael Naughton, Ellen Frye and William Kearney (Antitrust); Adeeb Fadil and Noreen Lavan (Environmental); Aimee Adler (Executive Compensation and Employee Benefits); and Nancy Mehlman and Seojung Park (Tax).
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| Financial Center: | New York | Value: | 0.00-0.00 |
| Advised Party: | Vendor | Law Firm | Simpson Thacher |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Andrew W Smith |
