Firms: G+T (Wesfarmers); Allens (Macquarie Capital)
Deal: Wesfarmers agrees to acquire a 13.7 per cent interest in Quadrant Energy Holdings.
Value: US$100 million
Key players: Partner Justin Little (pictured) and special counsel Mindy Bonomelli led the Perth team advising Wesfarmers on the acquisition.
Brookfield Asset Management Inc and Macquarie Capital recently acquired Apache Corporation’s domestic oil and gas assets in Western Australia for US$2.1 billion, each holding an initial 50 per cent interest in Quadrant Energy.
Wesfarmers has invested US$100 million to acquire a 27.4 per cent interest in a special-purpose vehicle in which Macquarie Capital holds its interest, representing the 13.7 per cent interest in Quadrant Energy.