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I-banks, law firms hire in response to oil M&A (from Corporate Dealmaker)

Strategics in the oil sector feeling an economic upturn is in sight have been running to the deal table as valuations are still a bit depressed. In turn, investment banks and law firms alike have responded by hiring as they look to reign in M&A advisory fees.Some big deals have...

Posted on July 2, 2009 10:11 AM

Addax Petroleum admits acquisition talks (from Corporate Dealmaker)

With a possible price tag of about $8 billion, Addax Petroleum Corp (LSE:AXC) could become Chinese-owned soon. Responding to reports, Addax announced it has held preliminary discussions with third parties expressing an interest in a potential deal. A report from South China Morning Post said China Petroleum & Chemical...

Posted on June 8, 2009 12:31 PM