This paper surveys some of the major developments in energy merger and acquisition transactions during 2013 as well as some of the key regulatory developments that either affected or are likely to affect activity going forward.
Overall, deal volumes were higher in 2013 than 2012, although still considerably below 2011 and 2010 levels. Data from SNL Financial shows total announced transaction value of about $58 billion compared to $41 billion in 2012, $135 billion in 2011 and $105 billion in 2010. Anecdotally, the general economic, political and regulatory uncertainties facing energy companies in the United States seemed to dampen activity, although to a lesser extent than in 2012.
Please see full Update below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.