Duke Ligon is an experienced financial advisor who serves as the senior vice president of the Oklahoma City-based investment firm Mekusukey Oil Company. Frequently offering consulting services as well, Duke Ligon recently joined the Houston-based Peter J. Solomon Company as a senior advisor.
A recent Peter J. Solomon report noted that international mergers and acquisition (M&A) activity has dropped due to new rules released by the Chinese government. While outbound M&A hit a peak in 2016, the activity fell in 2016 due to increased Chinese regulatory enforcement against what it calls “irrational” M&As.
Effective March 1, 2018, the new Chinese rules aim to boost transactions in certain sectors such as advanced technology, industrials, health care, and consumer goods, while suppressing transactions in industries such as luxury real estate, entertainment, and trophy sports. The new rules seem to be a boon for technology, as more than 13 percent of outbound Chinese M&As were in the computers and electronics sector.
Attorney and businessman Duke Ligon serves as president and CEO of the company he established more than 40 years ago, Mekusukey Oil Company, LLC. The company is among the nation's largest privately held businesses focused on acquiring and managing perpetual mineral resources; it conducts business in Oklahoma and more than 20 other states. Mekusukey maintains offices in Wewoka and in Oklahoma City. Duke Ligon and his staff oversee operations covering approximately 80,000 net mineral acres.