Vinson & Elkins advised NuVista Energy Ltd. in a $3.8 billion CAD definitive arrangement with Ovintiv Inc. The transaction, including NuVista’s net debt, is set to close in the first quarter of 2026. NuVista’s President and CEO, Mike Lawford, highlighted the deal’s benefits for shareholders and exposure to a complementary asset portfolio.

The Vinson & Elkins team, led by Matt Strock and Alex Robertson, assisted in the NuVista Energy Ltd. and Ovintiv Inc. arrangement. The team included key members such as David Peck, Kara Kuritz, Doug McWilliams, Jackson O’Maley, Bryan Loocke, Jennifer Cornejo, and Jacob Baltzegar. The firm’s expertise in various fields supported the successful transaction.

Read more at Yahoo Finance: Vinson & Elkins Advises NuVista Energy on Acquisition by Ovintiv Inc.