Description
Utilities Mergers
and Acquisitions
Skadden, Arps, Slate, Meagher & Flom LLP and affiliates (“Skadden”)
is recognized as a global leader among law firms involved in mergers
and acquisitions and other corporate transactions. The firm ranked
first in announced 2015 M&A deals by value globally and in the U.S.
according to league tables published by Bloomberg. mergermarket
and Thomson Reuters. We also were one of only four firms ranked
in Chambers Global 2015’s top tier for Global M&A, and we were
named “Corporate/M&A Law Firm of the Year” by Chambers Global
2014.
Additionally, we were ranked in the top tier by Legal 500 2015 for large deals ($1 billion-plus). Skadden was one of eight firms to top Chambers USA 2015’s M&A Elite rankings. We were recognized, for the third consecutive year, as “M&A Team of the Year” at the 2014 IFLR Americas Awards. We also were ranked in the top tier by IFLR1000 2014, U.S.
News — Best Lawyers “Best Law Firms” 2015 and named among Law360’s Mergers & Acquisitions Groups of 2014. For 15 consecutive years, Skadden has been named the top corporate law firm in the United States in Corporate Board Member magazine’s annual survey of “America’s Best Corporate Law Firms” (May 2015), which asked directors of publicly traded companies to select the firms they would “most likely retain to handle a variety of corporate legal matters.” In utility-related mergers and acquisitions, we represent a broad spectrum of clients in a variety of deals. We have been involved in numerous noteworthy transactions, including representing GenOn Energy, Inc.
in its definitive agreement to combine with NRG Energy, Inc. in a $6 billion stock-for-stock tax-free transaction; Exelon in its $7.9 billion stock-for-stock merger with Constellation Energy Group; and Northeast Utilities in its merger-of-equals with NSTAR to create one of the nation’s largest electric utilities with an enterprise value of $17.5 billion. Overview Our clients benefit from the synergies (and the resulting efficiencies) of our firm’s strength in both corporate and energy regulatory matters, and we have handled a large number of major U.S. electric and gas utility merger and acquisition transactions over the last 20 years. -- Our utility M&A clients include electric and gas utilities, utility holding companies, investment banking firms and financial institutions. -- Our attorneys have vast experience advising on structuring transactions to achieve business, tax and strategic objectives; performing extensive due diligence on the power and fuel supply agreements held by the parties; compliance with applicable legal requirements; preparation and negotiation of necessary documents; and representation of clients before federal and state regulatory agencies to obtain approval. -- We also represent a number of clients with respect to general defensive advice, holding company reorganizations, restructurings and strategic evaluation of potential acquisitions in the utility industry. -- Skadden’s corporate and energy attorneys work closely on many energy-related transactions, including mergers and acquisitions, asset auctions, and joint ventures and other strategic alliances. Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates .
Additionally, we were ranked in the top tier by Legal 500 2015 for large deals ($1 billion-plus). Skadden was one of eight firms to top Chambers USA 2015’s M&A Elite rankings. We were recognized, for the third consecutive year, as “M&A Team of the Year” at the 2014 IFLR Americas Awards. We also were ranked in the top tier by IFLR1000 2014, U.S.
News — Best Lawyers “Best Law Firms” 2015 and named among Law360’s Mergers & Acquisitions Groups of 2014. For 15 consecutive years, Skadden has been named the top corporate law firm in the United States in Corporate Board Member magazine’s annual survey of “America’s Best Corporate Law Firms” (May 2015), which asked directors of publicly traded companies to select the firms they would “most likely retain to handle a variety of corporate legal matters.” In utility-related mergers and acquisitions, we represent a broad spectrum of clients in a variety of deals. We have been involved in numerous noteworthy transactions, including representing GenOn Energy, Inc.
in its definitive agreement to combine with NRG Energy, Inc. in a $6 billion stock-for-stock tax-free transaction; Exelon in its $7.9 billion stock-for-stock merger with Constellation Energy Group; and Northeast Utilities in its merger-of-equals with NSTAR to create one of the nation’s largest electric utilities with an enterprise value of $17.5 billion. Overview Our clients benefit from the synergies (and the resulting efficiencies) of our firm’s strength in both corporate and energy regulatory matters, and we have handled a large number of major U.S. electric and gas utility merger and acquisition transactions over the last 20 years. -- Our utility M&A clients include electric and gas utilities, utility holding companies, investment banking firms and financial institutions. -- Our attorneys have vast experience advising on structuring transactions to achieve business, tax and strategic objectives; performing extensive due diligence on the power and fuel supply agreements held by the parties; compliance with applicable legal requirements; preparation and negotiation of necessary documents; and representation of clients before federal and state regulatory agencies to obtain approval. -- We also represent a number of clients with respect to general defensive advice, holding company reorganizations, restructurings and strategic evaluation of potential acquisitions in the utility industry. -- Skadden’s corporate and energy attorneys work closely on many energy-related transactions, including mergers and acquisitions, asset auctions, and joint ventures and other strategic alliances. Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates .
