Industries

Infrastructure and real asset investment firm Stonepeak has entered a deal to acquire a 75 per cent interest in Queensland-based commercial fuel and logistics provider IOR Group.

A court has awarded only $100 in nominal damages to the owner of a $5 million industrial site in the ACT, despite finding there was cracking in a concrete slab covered by a warranty. 

Boab Metals has agreed to buy a processing plant for $10 million from copper ore company Sandfire.

The ACCC has won court approval to bring claims against two companies in liquidation alleging they  engaged in unconscionable and misleading conduct in the sale of printing cartridges and cleaning chemicals. 

A business lender that issued personal loans is on the hook for unlicensed credit activity, but ASIC's action against the director has failed, with a judge finding the regulator was "entirely indifferent" to the circumstances of the case.

Dairy company Fonterra can't get a court declaration that its Australian exit plans will not trigger change of control clauses in lucrative licence agreements with Bega, potentially affecting the likely sale price.

WiseTech Global's embattled founder Richard White and his wife, Zena Nasser, have resolved a lawsuit by a former employee of White's private investment company, Realwise Management.

Facing a US antitrust suit by Glencore, global agribusiness Louis Dreyfus BV has won its bid to examine Sydney resident Mark Allen, a former Glencore trader and current CEO of agri-finance firm Thera Capital.

Woodside has signed off on the development of a $27 billion LNG facility in Louisiana that will see the company become one of the world's largest producers of natural gas by the 2030s.