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Bakers and Blakes oversee Aussie engineering offload

Baker & McKenzie and Blake Dawson have advised on the sale of assets of Australian-based engineering company Clough to a company listed on the Malaysian stock exchange.

user icon Digital 12 January 2012 Big Law
Bakers and Blakes oversee Aussie engineering offload
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Firms: Baker & McKenzie and Blake Dawson (Clough)

 
 

Deal: Australian-based engineering, procurement and construction company Clough sells its offshore Marine Construction Division to SapuraCrest Petroleum Berhad (SapuraCrest), a company listed on the Malaysian stock exchange.

Area: M&A

Value: $127 million

Key players: The Bakers team was led by Houston-based partner Will Davis

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