Big Law

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.

January 12, 2012 • By Digital

Bakers and Blakes oversee Aussie engineering offload

Firms: Baker & McKenzie and Blake Dawson (Clough)

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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

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

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Bakers and Blakes oversee Aussie engineering offload