Clifford Chance has advised Royal Dutch Shell plc (Shell) on the sale of 111.8 million shares in Australian Oil and Gas company Woodside Petroleum Ltd.
At approximately AU$3.5 billion, the sale represents 100% of Shell’s interest in Woodside and 13.28% of the issued capital in Woodside.
Rothschild was financial advisor to Shell and UBS and Morgan Stanley were appointed as sale banks.
Clifford Chance has advised Shell on the deal with a team led by partner Lance Sacks (picture), supported by corporate counsel Amelia Horvath in Sydney, with partner Johannes Juette offering US securities law advice from Singapore.
Law Firms: Clifford Chance;