Wachtel Lipton benefits from takeover boom

By Nazar Chernyavsky

19 November 2014 at 09:29 BST

Wachtel Lipton is involved in both of the mega deals announced this week - from oilfield services buyers Actavis and Halliburton - on what was the biggest single day for M&A takeover values announced in 16 years.

Wachtel Lipton represents Halliburton which is buying Baker Hughes for US$36 . It also acts for Allergan, the subject of Actavis’s US$66b purchase plan. David Katz is one of two Wachtel partners involved in both deals. He said: ‘Both drafts were really ‘middle of the road’. While you often see buyer-friendly or seller-friendly agreements, both were reasonably negotiated documents which allowed people to move more quickly.’

Cleary Gottlieb

Numerous other firms are involved – including Davis Polk, Baker Botts and Cleary Gottlieb Steen & Hamilton. Source: Bloomberg


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