Wachtell, Paul Weiss Advise on Chevron’s $33B Anadarko Buy

Paul, Weiss, Rifkind, Wharton & Garrison advised Chevron Corporation in its $33 billion acquisition of Anadarko Petroleum Corporation, which was represented in the transaction by Wachtell, Lipton, Rosen & Katz and Vinson & Elkins.

Chevron will buy the medium-sized oil company in a stock and cash transaction, with Anadarko stockholders receiving about $65 per share in total. The deal is one of the energy industry’s largest in the past several years.

Michel K. Wirth, Chevron’s chief executive, said in a statement that the deal would boost the company’s “positions in large, attractive shale, deepwater and natural gas” areas.

Chevron, based ...