Login
Powered by
MOMENTUM
MEDIA
Powered by MOMENTUM MEDIA
Freehills has advised The MAC Services Group Limited on its $651 million acquisition by Oil States International Inc, which closed on 30 December 2010.The acquisition was implemented by way of…
Freehills has advised The MAC Services Group Limited on its $651 million acquisition by Oil States International Inc, which closed on 30 December 2010.
The Freehills team was led by M&A partner Tony Damian, supported by M&A partner Andrew Rich and solicitors Clayton James, Ben Jones and Li-Lian Yeo.
According to Freehills, the transaction highlights many of the key trends in the current M&A market, including the prevalence of resource-related transactions, the increasing number of cross-border transactions - particularly from North America - and the growing use of schemes of arrangement to effectively implement transactions in a timely manner.
Freehills advised The MAC on all aspects of the transaction, with Credit Suisse acting as The MAC's financial adviser and Mallesons Stephen Jaques acting for Oil States International.
Get breaking news
Lawyers Weekly
