Latest Seitel Holdings News
Jul 23, 2018
Mon, 23/07/2018 - 09:08 O’Melveny has represented client ValueAct Capital Master Fund, which is managed by investment company ValueAct Capital Management, in the sale of its majority interest in seismic data provider Seitel Holdings to affiliates of private investment firm Centerbridge Partners. The majority interest was acquired by Centerbridge Capital Partners II and Centerbridge Capital Partners SBS II in a deal that closed on 17 July. Terms of the transaction have not been disclosed. The O’Melveny team was led by San Francisco-based Capital Markets and Mergers & Acquisitions partner Peter Healy, and included Executive Compensation & Employee Benefits senior counsel Warren Fox , Corporate counsel Noah Kornblith and Tax counsel Billy Abbott.