AltaGas Ltd. to Acquire WGL Holdings, Inc. for US$6.4B
Vinson and Elkins advised AltaGas Ltd. in its definitive agreement and plan of merger to acquire WGL Holdings, Inc. in an all cash transaction valued at approximately C$8.4 billion (US$6.4 billion).
AltaGas, a Canadian corporation, is a North American diversified energy infrastructure business with a focus on owning and operating assets to provide clean and affordable energy to its customers.
The V&E corporate team was led by Jeff Floyd, Keith Fullenweider, Benji Barron and Robert Hughes with assistance from associates Shauna DiGiovanni, Ryan Martin, Kathryn Hastings, David Bumgardner and Mariam Boxwala. Also advising were partner John Wander; partners Matthew Henry, Myles Reynolds, James Olson and John Decker, counsel Damien Lyster and associates Lauren Freeland, Victoria Galvez and Andrew DeVore; partners David Wicklund and Stephen Tarry and senior associate Mike Bielby; partners John Lynch and Brian Bloom, senior associate Dario Mendoza and associate Austin Light; partner Sean Becker and associate Paul Knettel; partner Kaam Sahely and associates Megan Stephens and Michael Zarcaro; partner Larry Nettles and senior associate Matthew Dobbins; senior associate Will Russ and associate Jared Knight; senior associate Lavonne Hopkins; partner Billy Vigdor; and counsel Daniel Gerkin and senior associate Quentin Smith.
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