M&A

ASX-listed Mayne Pharma has taken US drug maker Cosette to court seeking "substantial damages" over the termination of their $672 million merger.

Qube's board has accepted an $11.7 billion takeover offer by a Macquarie Asset Management-led consortium, saying the deal represents a "significant premium" on the infrastructure giant's share price.

Cbus has reportedly agreed to acquire all the units in Lendlease's $2 billion shopping centre fund, which includes some of the country's largest mall assets.

Renewables investor Octopus Australia has acquired a battery energy storage system in NSW and a solar farm and battery project in Queensland, expanding its $16 billion renewables portfolio.

Allens has lured a senior corporate partner from rival firm Herbert Smith Freehills Kramer.

The merger regulator will put Coles Group's proposed purchase of a Kalgoorlie supermarket and liquor store site in the hot seat, saying the leasehold acquisition could limit competition and needs further scrutiny.

Coles Group's proposed leasehold acquisition of a Kalgoorlie supermarket and liquor store site needs further review, the competition regulator said Thursday.

Sustainability reporting technology company Noviqtech is set to acquire biochar carbon dioxide removal company Coralia, which aims to mitigate AI-related carbon emissions.

An investment manager has been sentenced to six years in prison after accessing confidential information from the computer of Platinum Asset Management's chairman about a takeover offer and using the intel to trade in shares. 

Centuria Capital has scooped up a Chadstone shopping centre anchored by Bunnings, the Good Guys and JB Hi-Fi for $86 million.