Bolt-on acquisitions.(COMPLETIONS)

Publication: Oil and Gas Investor

Publication Date: 01-AUG-05

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COPYRIGHT 2005 Hart Publications, Inc.

Investment bankers in the upstream energy space are continuing to expand their services to E&P executives by bringing asset-brokerage into their suite of offerings. The newest member of this growing North American club is Calgary-based Scotiabank, which has acquired asset-broker Waterous & Co., a long-time player in both the North American and international asset-divestment space.

The combined practice, Scotia Waterous, will include Scotiabank's existing M&A, or corporate-transaction, desk and the asset-transaction firm.

Other recent combinations include the mergers of Calgary-based I-banker Tristone Capital with Denver-based asset-broker Petroleum Place; asset-broker Randall & Dewey with I-banker Jefferies Group Inc.; and Houston-based asset-divestment firm Albrecht &...

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