Financial Executive, March 1st, 2006
This is a hot time for mergers and acquisitions. And among industries to watch for M & A activity in 2006, few are expected to be more sizzling than the oil-and-gas sector, which is riding the spikes in prices coming from events like Hurricanes Katrina and Rita and the Mideast political tensions.
Boasting two of the biggest takeover plays of the year in 2005--ConocoPhillips' $35.6 billion purchase of Burlington Resources and Chevron Texaco's buyout of Unocal for $18.9 billion--the petroleum business helped pace a global M & A climate that, according to Dealogic, hit $2.9 trillion in deal vo...
HighBeam Research, Free Preview: 'M & A looks hot--and energy hotter still: a number of factors coming together have M & A experts talking about a banner year, especially for the energy industry, where volatile commodity prices have spurred buyers and sellers to pair off.(Acquisitions and mergers )'... Full Membership required for unlimited access. Free 7-day trial.
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