Abacus Storage Kings has a received a $2.2 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage, after rejecting a $1.9 billion offer in May.
A judge has given a liquidator approval to continue with claims at trial against former executives of failed Sydney developer Dyldam after they declared bankruptcy.
Two former employees of financial services firm Monarch Advisory have appealed a ruling that awarded their former employer $270,000 in damages after they were found to have breached a non-compete agreement.
A class action on behalf of families of victims of a bus accident in Hunter Valley, NSW has won court approval to add builder Acciona and consultant AECOM as defendants, claiming they were responsible for the construction and certification of the interchange where the tragedy occurred.
Qantas has provided on an update a recent data breach affecting six million customers, saying the hacker accessed personal information such as frequent flyer numbers and meal preferences.
Fresh off its acquisition of a massive battery network from Tesla, AGL has continued its push into renewables by gobbling up Amsterdam-based Photon Energy’s Yadnarie solar and long-duration energy project in South Australia.
Unions have prevailed in a fight with BHP over Labor’s same job, same pay legislation, with a landmark decision ensuring a pay rise for over 2,000 labour hire workers.
Troubled casino operator Star Entertainment says it will have to repay $36.5 million to its Queen’s Wharf partners if an agreement on a plan to buy out its stake in the Brisbane entertainment project is not reached by the end of the month.
Singapore firm Roxy-Pacific Holdings has sold the iconic Melbourne House at 360 Little Bourke Street to an unnamed interstate investor.
AMP is facing a new class action alleging certain superannuation fund members were hit with inflated premiums over a five-year period, after arguing a similar matter was “in search of a case” more than four years after being filed.