Squire Patton Boggs represented Teekay LNG Partners L.P. on its merger agreement with Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in a deal valued at $6.2 billion.
Further details can be found here.
The Squire Patton Boggs team was led by the firm’s Global Managing Partner – Clients & Strategy, Steve Mahon and included Americas deputy practice group leader for the Corporate Practice in the New York Metro offices Mike Helmer, corporate partner Ed Steiner, tax partner Jeff Koppele, senior associate Evan Toebbe, and associates Laura Aber, David Marella and Michael Weitzman.
Teekay LNG is one of the world's largest independent owners and operators of LNG carriers, providing LNG and LPG services primarily under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 21 mid-size LPG carriers, and seven multi-gas carriers.
On January 13, 2022, Teekay LNG announced the completion of the acquisition. Further details can be found here.