M&A

Renewable energy company 1414 Degrees has purchased Vast Solar Aurora, securing control of South Australia's Aurora Energy Precinct in the process.

Copenhagen Infrastructure Partners has acquired a hybrid onshore wind and battery energy storage system in North Queensland and locked down $1.7 billion in funding for the project.

Coles will continue its fight against the ACCC's decision to block its plans to lease a new site in Kalgoorlie, WA in the Competition Tribunal only, dropping a Federal Court challenge.  

Ingenia Communities has entered into an agreement to acquire land developer Peet, creating a real estate giant valued at $2.4 billion.

Mall owner Scentre Group has sold a 50 per cent stake in Westfield Mt Gravatt to Australian Retirement Trust for $882.5 million, taking to over $3 billion its capital raising from joint venture sales in the past year.

The competition regulator has referred Vets Central’s proposed acquisition of rival Hills Veterinary Centre for an in-depth merger review, saying the tie-up could substantially lessen competition.

An Ashurst Perkins Coie partner who has worked on some of the country's largest deals is leaving for A&O Shearman, where he will co-lead the firm's Australian corporate and M&A practice group.

The ACCC has opposed US-based keg pooling company Kegstar's proposed acquisition of the assets of rival Konvoy, the latest acquisition blocked since the new mandatory merger review came into effect.

Construction company Maas Group has acquired an additional $300 million stake in AI infrastructure company Firmus, executing on its strategy to expand into digital infrastructure after shedding its construction material division for $1.7 billion.

Heidelberg Materials' $1.7 billion acquisition of Maas Group Holdings' construction material unit has been approved by the ACCC provided it sheds three concrete plants and a quarry -- the regulator's first phase 1 review with conditions.