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V&E, Linklaters Advise on $3.5 Billion Acquisition of Galp

11/14/11

V&E, Linklaters

Advise on $3.5 Billion Acquisition of Galp

Vinson & Elkins and Linklaters are advising China Petroleum and Chemical Corp. Ltd. on $3.5 billion acquisition of Brazilian assets of Portuguese Oil and Gas Company Galp Energia SGPS S.A. Lisbon-based Galp has plans to sell 30 percent of its Brazilian assets to state-owned Sinopec. The firsm's projected total investment in the unit is expected to reach approximately $5.2 billion. Sao Paulo office of Linklaters's is representing Galp.

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