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FX Group Holdings has partly succeeded in its appeal of a finding that it owes private equity firm CPE Capital $96.89 million in a dispute over a profit-sharing agreement tied to the sale of CPE’s stake in trading platform Pepperstone.
Construction PRO
Atmos Renewables has expanded its renewable energy portfolio in Australia, purchasing two solar farms and a wind farm in development from Germany-based BayWa r.e.
Swedish IP services group Abion has purchased Brandsec's corporate domain management business, as it targets further growth across the Asia-Pacific region.
Hall & Wilcox has bolstered its corporate and commercial practice with two partners and a team of three lawyers from K&L Gates.
An appeals court has found US drug maker Cosette could not rely on sales performance figures to justify its termination of a $672 million merger agreement with Mayne Pharma Group.
Construction PRO
Dashing hopes for a more "compelling" offer, US private equity firm Warburg Pincus has advised land lease and retirement village operator Ingenia Communities that its $2.14 billion takeover bid is its best and final offer.
IAG said Wednesday it had offered a range of commitments to sweeten its proposed $1.35 billion merger with vehicle insurer RACWA as it promotes the benefits of the union to the competition regulator.
HopgoodGanim has brought on a leading intellectual property, technology and cybersecurity lawyer as a consultant.
Construction PRO
Tossing a case by Tahmoor Coal's liquidators over a royalty deed that gave Glencore payments in perpetuity and impacted the company's sale price, an appeals court has found the deed was not unprofitable just because creditors might get a better return without it.
Private mining investment firm QGold and its founder Christopher Ian Wallin have been hit with a class action, the third representative proceeding filed so far this month.