Dentons, working with Kirkland & Ellis, Grette, and Akund Forbes, has advised Helmerich & Payne on the USD 1.97 billion acquisition of UK-headquartered KCA Deutag International Limited. Allen Overy Shearman Sterling reportedly advised KCA Deutag International Limited.
Helmerich & Payne is an NYSE-listed drilling rig manufacturer.
KCA Deutag is an international oil and gas services company, which employs approximately 9,000 people and operates in more than 20 countries worldwide.
According to Dentons, the deal will "establish a global leader in onshore drilling and will allow Helmerich & Payne to enhance its global presence, particularly in the Middle East, and diversify its operational mix across crude oil and natural gas markets."
The Dentons team included Prague-based Partner Evan Lazar, Bucharest-based Partner Perry Zizzi, Warsaw-based Partner Aleksandra Minkowicz-Flanek, Senior Associate Tomasz Lasyk, Associate Rozanna Piela-Wojciechowska as well as further lawyers in Azerbaijan, Bolivia, Canada, Colombia, Democratic Republic of Congo, Ecuador, Germany, Oman, Peru, Qatar, Saudi Arabia, United Arab Emirates, United Kingdom.
