Loyens & Loeff advised Petrofac Limited sells its remaining 51% interests in Petrofac Netherlands Holding B.V. to Perenco International Limited
Petrofac Limited has signed an agreement to sell its remaining 51% interest in its operations in Mexico - Petrofac Netherlands Holding B.V., including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) International Limited.
The terms of the transaction are substantially the same as the sale of a 49% non-controlling interest to Perenco in October 2018. The transaction is subject to regulatory approval and is expected to complete in 2020.
Freek HilberdinkPartner Civil Law Notary
Freek Hilberdink, partner, is a member of the Corporate practice group in our Amsterdam office. He specialises in providing corporate advice on all aspects of national and international mergers, acquisitions, restructurings and joint ventures, with a strong focus on private equity transactions and management buyouts. He is a member of the Private Equity team.T: +31 20 578 52 09 M: +31 6 23 27 57 92 E: [email protected]
Yacintha AkkoyunAssociate Deputy Civil Law Notary
Yacintha Akkoyun, deputy civil law notary, is a member of the Corporate/M&A practice group in our Amsterdam office. She focuses on national and international mergers, conversions, acquisitions, restructurings, joint ventures and management participations, in particular in respect of private equity.T: +31 20 578 52 11 M: +31 6 12 29 65 46 E: [email protected]