“RSP Permian Closes First Part Of $2.4 Billion Silver Hill Deal”
RSP Permian Inc. (NYSE: RSPP) completed the first part of its $2.4 billion acquisition of Delaware Basin’s Silver Hill, the company said Nov. 28.
Dallas-based RSP closed the acquisition of Silver Hill Energy Partners LLC for about $604 million in cash and 15 million shares of RSP common stock.
Jefferies LLC was financial adviser to Silver Hill. Thompson & Knight LLP and DLA Piper LLP served as its legal counsel.