Shearman & Sterling advised TD Securities in connection with Calgary-based oil producer Encana Corp.’s acquisition of Texas-based Newfield Exploration Co. in an all-stock transaction valued at C$5.5 billion. TD Securities acted as adviser to Encana. This strategic combination will create a leading multi-basin company. The transaction is expected to close in the first quarter of 2019.
Partner Robert Masella and associate Andy Zwecker (both New York- Mergers & Acquisitions) advised TD Securities.