Major International Energy Company
Supporting Sale of a 5 Billion USD Petrochemicals Business
Cogitant played an important early role in preparing this $5 billion division of a major international energy company for sale. Working to very tight timescales and with limited access to experts within the target business, Mike compiled and presented IT landscape information supporting the buyer's due-diligence process and activities. He also supported the client in pre- and post-signing discussions with the buyer, and helped build initial transition plans and approach. Post-announcement Mike helped onboard a full team of client and third-party resources, providing advice and guidance to the programme director and leadership team. During the execution phase Mike stepped in as needed to provide project data and analysis for steering board discussions, and to help unscramble and prioritise the complex and challenging requirements around license novation and transfers. The transaction completed without disruption to business operations on 31 December 2020.