Transocean-GlobalSantaFe Merger

Bobby Willig, Meg Guerin-Calvert, Jay Ezrielev, David Fenichel and a Compass Lexecon team were retained by counsel for the parties to assist in an economic analysis of the merger of Transocean and GlobalSantaFe, two large oil and gas contractors. The merger cleared the DOJ after Compass Lexecon provided extensive empirical analyses of geographic market issues, including assessments of rig movements and contracting, and an evaluation of the planned entry and contracting of a substantial number of new rigs. The Compass Lexecon team also assisted on the UK review of the transaction. Transocean was represented by Rufus Oliver of Baker Botts, as well as George Peretz of Monkton Chambers in the UK, and GlobalSantaFe was represented by Ben Crisman and John Lyons of Skadden, Arps, Slate, Meagher & Flom LLP.