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Superior Energy Services |
: |
Complete Production Services |
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Dealogic Deal # : |
771194 |
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Data as of : |
10/10/2011 |
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Target |
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Acquiror |
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Dates & Values |
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Complete
Production Services |
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Superior
Energy Services |
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Target: |
100 |
% stake |
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Buying: |
100 |
% stake |
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Rumored |
- |
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Deal Value $m |
3,183.4 |
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NY |
CPX |
79 |
m shares outstanding |
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Public (Listed) |
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Announced |
10th Oct 2011 |
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Value ex Debt $m |
2,703.9 |
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United States |
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United States |
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Oil & Gas |
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Oil & Gas |
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Expected |
4Q 2011 |
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Consideration |
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Credit Suisse | Advisor |
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Greenhill | Advisor |
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Completed |
- |
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Credit Suisse | Fairness
Opinion |
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JPMorgan Chase | Advisor |
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Latham & Watkins |
Attorney |
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Greenhill | Fairness
Opinion |
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Withdrawn |
- |
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Jones Walker | Attorney |
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Termination Fee, Target $m |
tbd |
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Termination Fee, Acquiror $m |
tbd |
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Financials |
30th Jun 2011 |
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Balance Sheet |
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Debt/Equity: |
1.6 |
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Timeline Events |
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Premiums & Multiples |
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Initial Offer |
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$33 |
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Current Offer |
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$33 |
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Income Statement |
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Cash Flows |
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Operations $m |
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302 |
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Profitability |
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Profit Margin |
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14% |
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Return on Equity |
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21% |
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League Table Impact |
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Sector Trend |
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2011 YTD Announced Global M&A by Deal
Value, $bn |
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Monthly Announced Global M&A, $bn: |
Oil & Gas |
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1 |
Goldman Sachs |
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544.6 |
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2 |
JPMorgan |
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495.7 |
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3 |
Credit Suisse |
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386.7 |
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4 |
Morgan Stanley |
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386.6 |
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5 |
Citi |
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346.9 |
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6 |
BOA Merrill Lynch |
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298.2 |
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7 |
Deutsche Bank |
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272.2 |
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8 |
Barclays Capital |
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268.4 |
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9 |
UBS |
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228.9 |
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10 |
Lazard |
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218.9 |
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18 |
Greenhill |
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58.9 |
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© 2011 Dealogic.
All rights reserved. |
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