Total S.A.’s $8.8 Billion Acquisition Of Anadarko African Assets

Cravath advised Occidental in connection with the transaction.

Occidental after the acquisition of Anadarko it has entered into a binding agreement to sell Anadarko’s Algeria, Ghana, Mozambique and South Africa assets to Total S.A. (“Total”) for $8.8 billion. The sale is contingent upon Occidental entering into and completing its proposal to acquire Anadarko.

The Cravath team represented Occidental in its contingent sale of Anadarko’s African assets to Total was led by partners Faiza J. Saeed (Picture), George F. Schoen and Allison M. Wein and included associate Daniel J. Cerqueira on M&A matters; partners Lauren Angelilli and Kara L. Mungovan and associate Arvind Ravichandran on tax matters; and partner Christine A. Varney, senior attorney Jesse M. Weiss and practice area attorney Kate F. Stamell on antitrust matters.

Involved fees earner: Lauren Angelilli – Cravath Swaine & Moore; Daniel Cerqueira – Cravath Swaine & Moore; Kara Mungovan – Cravath Swaine & Moore; Arvind Ravichandran – Cravath Swaine & Moore; Faiza Saeed – Cravath Swaine & Moore; George Schoen – Cravath Swaine & Moore; Kate Stamell – Cravath Swaine & Moore; Christine Varney – Cravath Swaine & Moore; Allison M. Wein – Cravath Swaine & Moore; Jesse Weiss – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Occidental Petroleum Corporation ;

Author: Ambrogio Visconti