The competition regulator has raised concerns about Bis Industries’ proposed acquisition of Cougar Mining Group, saying the threat of new competitors appeared unlikely to significantly constrain the combined company.
The former partner of Westpac-backed venture capital firm Reinventure Group has been ordered to appoint an independent valuer to clarify the claimed loss against her former employer before the parties enter mediation.
The competition regulator has cleared the way for Australian retail giant Wesfarmers to acquire online retailer Catch Group for $230 million, after finding the acquisition would be unlikely to impact competition in online marketplaces.
Shareholders of Xenith IP have voted to approve a hard-fought takeover proposal by Australia’s largest intellectual property services firm IPH, in a deal that will create an IP services giant employing a staff of over 1,000 across the Asia Pacific.
The competition watchdog has signed off on a proposed merger of AP Eagers and Automotive Holdings Group, Australia’s two biggest auto retailers, on the condition that AP Eagers divest two new car dealerships.
The Australian Competition and Consumer Commission has expressed competition concerns about ANZ Terminals’ proposed acquisition of a unit of global agribusiness GrainCorp, despite the storage specialist offering to divest one of its terminals to win approval for the $350 million deal.
Clothing manufacturer IFOTA has been ordered to open its books to shareholder Simba after it raised concerns about IFOTA’s management and financial position.
Bega Cheese is accusing global food giant Mondelez of overstating the value of the Australian assets purchased for $460 million in July 2017 as part of a deal that’s also at the centre of an ongoing dispute with Kraft over peanut butter trade dress rights.
The Australian Competition and Consumer Commission is appealing the dismissal of its case over Pactific National’s purchase of Aurizon’s Acacia Ridge Terminal in Queensland, challenging the Federal Court’s power to accept Pacific National’s last-minute promise to ensure access to the major freight terminal by competitors.
Shine Lawyers and Slater & Gordon on Tuesday denied media reports that the two law firms were in merger talks or that there were any imminent plans for a union.