Alston & Bird acted as counsel to Credit Suisse, the financial advisor to Chevron Corporation, in connection with Chevron’s proposed acquisition of Anadarko Petroleum Corporation in a cash and stock merger valued at approximately $50 billion.
This is the third major deal for Credit Suisse that Alston & Bird has advised on in the past month. The firm also served as counsel to Credit Suisse as the financial advisor to Worldpay, Inc., in connection with Worldpay’s acquisition by Fidelity National Information Services for $43 billion, and as counsel to Credit Suisse as the financial advisor to Mellanox Technologies Ltd. in connection with Mellanox’s acquisition by Nvidia Corp. for $6.9 billion. The aggregate value of the three transactions on which Alston & Bird advised Credit Suisse is approximately $100 billion.
Alston & Bird consistently ranks among the top 10 law firms representing financial advisors in M&A as reported annually by Corporate Control Alert, the legal and financial dealmaking journal. In 2018, the firm ranked No. 7 among counsel to investment banks involving U.S. companies in deals valued at $100 million or more, acting as counsel to financial advisors on 19 deals with a total value of approximately $57 billion.
Advising Credit Suisse are Alston & Bird partners Kevin Miller and Stuart Rogers and associate Robyn Downing (Corporate & Business Transactions).