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Mayne Pharma says it, and not US drug maker Cosette, has terminated their $672 million merger agreement and that it is therefore not on the hook for a break fee.
AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from "serious misconduct" that came to light curing the 2018 banking royal commission.
The ACCC has opposed IAG’s proposed $1.35 billion acquisition of RACWA's insurance operations, saying the deal would substantially lessen competition for motor vehicle and home and contents insurance in Western Australia.
Setting up another potential legal fight, Mayne Pharma has said US drug maker Cosette did not validly terminate their $672 million merger agreement, which failed to receive FIRB approval.
Gilbert + Tobin has poached a litigation partner from Jones Day, strengthening the law firm's blue ribbon disputes practice.
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Hong Kong-based Far East Consortium has sold a 50 per cent stake in the Ritz-Carlton Perth to Cayman Islands-based Generation Essentials Group for $100 million.
King & Wood Mallesons has announced its China and Australia partnerships will split into two independent firms, 14 years after the pair's merger created one of the world's largest global law firms.
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BHP has reached a $3 billion agreement with BlackRock for the asset manager's Global Infrastructure Partners to take an interest in Western Australia Iron Ore’s inland power network.
A judge has granted a 30-year suppression order shielding the names of individuals in a case over the Environment Minister's decision to declare a section of the McPhillamy's gold mine project heritage protected.
ASIC has sued superannuation trustee Diversa for investing $300 million in retirement savings into Falcon Capital's failed First Guardian Master fund.