A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Shearman & Sterling advised Chevron Corp. (NYSE: CVX) on antitrust matters related to its agreement to acquire all of the outstanding shares of PDC Energy, Inc. (Nasdaq: PDCE)...
United States
Shearman & Sterling advised Chevron Corp. (NYSE: CVX) on
antitrust matters related to its agreement to acquire all of the
outstanding shares of PDC Energy, Inc. (Nasdaq: PDCE) in a
transaction valued at $6.3 billion or $72 per share. The total
enterprise value of the deal, including debt, is $7.6 billion.
The transaction was announced on May 22, 2023 in a press release.
PDC Energy is a domestic independent exploration and production
company that acquires, explores and develops properties for the
production of crude oil, natural gas and NGLs with operations in
the Wattenberg Field in Colorado and Delaware Basin in west Texas.
Chevron is one of the world's leading integrated energy
companies.
Contributor
A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
