Mergers & Acquisitions Deal Analysis - ConocoPhillips To Sell Its 9% Interest In Syncrude Canada To Sinopec International Petroleum by GlobalData

VIEWS: 17 PAGES: 18

Mergers & Acquisitions Deal Analysis - ConocoPhillips To Sell Its 9% Interest In Syncrude Canada To Sinopec International Petroleum

Summary

ConocoPhillips plans to sell its stake of 9.03% in Syncrude Oil Sands Project to Sinopec International Petroleum (a subsidiary of China Petroleum and Chemical Corporation) for a price of $4.65 billion. This divestment is a part of the company’s $10 billion assets sale program to boost its finances. Credit Suisse Group AG and Osler, Hoskin and Harcourt advised ConocoPhillips on the transaction. The financial advisor to Sinopec was Deutsche Bank AG

Scope

- Rationale behind Sinopec International Petroleum's acquisition of a stake in Syncrude Oil Sands Project
- Strategic Benefits for ConocoPhillips to divest its assets
- Geography covered - Canada
- Deal Financials and Valuations
- Information on Syncrude Oil Sands Project, ConocoPhillips and Sinopec International Petroleum

Reasons to buy

- Develop a sound undestanding of the major M&A's, Partnerships, And Joint Ventures taking place in North American Oil & Gas industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in Canada oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions
- Know about the major companies, which are adopting a divestment or acquisition strategy to enhance their business portfolios
- Learn about the key fiancial advisors in a particular segment in the Oil & Gas Industry
- Understand the various means of raising funds from the market.

More Info
									            Mergers & Acquisitions Deal Analysis - ConocoPhillips To
               Sell Its 9% Interest In Syncrude Canada To Sinopec
                              International Petroleum
       Reference Code: GDGE0123M&A                                                                                                                        Publication Date: MAY 2010




                     1          Table of contents
                     1 Table of contents................................................................................................................................... 1
                      1.1 List of Tables .................................................................................................................................. 2
                      1.2 List of Figures ................................................................................................................................. 2
                     2 GlobalData Deal Analysis...................................................................................................................... 3
                      2.1 Summary ........................................................................................................................................ 3
                      2.2 Deal Overview ................................................................................................................................ 3
                     3 ConocoPhillips To Sell Its 9% Interest In Syncrude Canada To Sinopec International Petroleum ........ 3
                      3.1 Deal Overview ................................................................................................................................ 3
                      3.2 Deal in Brief .................................................................................................................................... 3
                      3.3 ConocoPhillips is Divesting its Assets to Strengthen its Balance Sheet and Increase its
                           Shareholder Value .......................................................................................................................... 3
                      3.4 Syncrude Canada Ltd is One of the Largest Oil Sands Producers ................................................. 6
                      3.5 Sinopec Petroleum Aims To Increase Its Foothold In the Canadian Oil Sands Industry Through
                           Syncrude Acquisition .....................................................................................................................10
                      3.6 Sinopec Has Agreed To Pay A Premium To Acquire ConocoPhillips’ Stake in Syncrude Canada
                           Ltd 11
                      3.7 Deal Financials and Valuations......................................................................................................12
                        3.7.1    Deal Financials .....................................................................................................................
								
To top