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ASIC drops most claims against Rio Tinto over $5.8B acquisition
Securities 2022-02-28 1:31 pm By Miklos Bolza

The Australian Securities and Investments Commission has dropped all but one claim against Rio Tinto in a four-year-long case over disclosures related to its troubled […]

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Viterra hit with $124M in interest on top of $168.9M in damages owed to Cargill
Competition & Consumer Protection 2022-02-28 5:54 pm By Sam Matthews

Grain producer Viterra has been ordered to pay Cargill Australia $124 million in pre-judgment interest on top of the $168.9 million it was ordered to […]

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ATO wins urgent orders freezing $220M from State Grid sale of AusNet shares
Tax 2022-02-28 10:51 pm By Christine Caulfield

The ATO has secured freezing orders on $220 million in capital gains tax arising from the $19 billion private equity sale by China’s State Grid […]

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ACCC weighs ‘mix and match’ sell-off in Cargotec, Konecranes merger
Competition & Consumer Protection 2022-02-24 11:06 pm By Sam Matthews

The Australian Competition and Consumer Commission is considering court enforceable undertakings proposed by Finnish cargo handling companies Cargotec and Konecranes to alleviate concerns their merger […]

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Leading M&A lawyer elected chair of MinterEllison
Business of Law 2022-02-24 9:46 pm By Bianca Hrovat

Australia’s largest law firm MinterEllison has announced the election of leading mergers and acquisitions and government practice lawyer Andrew Rentoul to the position of chairman. […]

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Wotif founder ordered to pay $15M in aquaculture share dispute
Corporate 2022-02-23 2:28 pm By Miklos Bolza

Philanthropist and Wotif founder Graeme Wood will have to pay more than $15 million after the Victoria Supreme Court found one of his companies had […]

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Hall & Wilcox boosts finance, corporate expertise with hire of Reserve Bank deputy GC
Corporate 2022-02-23 10:12 am By Bianca Hrovat

Hall & Wilcox has lured a senior finance, corporate and regulatory lawyer from the Reserve Bank of Australia, in what is being described as a […]

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Jones Day recruits leading energy partner from Clayton Utz
Business of Law 2022-02-18 1:40 pm By Bianca Hrovat

US law firm Jones Day has nabbed leading energy and natural resources partner Dan Howard from Clayton Utz after more than 26 years with the […]

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Viterra to pay $168.9M for misleading Cargill during Joe White sale
Corporate 2022-02-17 2:05 pm By Cat Fredenburgh

Grain producer Viterra will be ordered to pay Cargill Australia $168.9 million after a judge found the Glencore-owned company  misrepresented the performance capabilities of malt […]

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Zoetis’ takeover bid for Jurox raises competition concerns
Healthcare 2022-02-17 10:10 pm By Christine Caulfield

The Australian Competition and Consumer Commission has raised concerns about a proposed takeover of NSW-based pet drug maker Jurox by US animal health giant Zoetis. […]

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