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Johns Lyng top execs dragged into suit over $75M sale of retailer
M&A 2025-10-23 3:38 pm By Christine Caulfield

Two senior Johns Lyng Group executives have been dragged into a dispute over the $75 million sale of Nike franchisee Retail Prodigy Group.

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US-based Air T to acquire regional carrier Rex Airlines
Restructuring & Insolvency 2025-10-22 11:32 pm By Julia Kanapathippillai

The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale.

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Atlantic Nickel wins appeal in mining company’s $1B case
Energy & Natural Resources 2025-10-17 11:50 pm By Christine Caulfield

The receiver for Brazilian mining company Atlantic Nickel has prevailed in a second attempt to stay a case by Mining Services International, which brought a $1 billion claim over a terminated sale of a mine in Santa Rica.

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Mayne Pharma wins suit over Cosette’s termination of $672M takeover
M&A 2025-10-15 11:25 pm By Julia Kanapathippillai

Mayne Pharma has won a dispute with US drug maker Cosette over the termination of a $672 million merger agreement, with a judge finding Mayne did not breach its continuous disclosure obligations by failing to disclose a letter from the US FDA sooner.

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Macquarie sells Aligned Data Centers in $61B deal
AI 2025-10-16 11:55 pm By Julia Kanapathippillai

Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.

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Acciona drops bid for $500M East Rockingham waste-to-energy plant
Energy & Natural Resources 2025-10-14 11:40 pm By Cat Fredenburgh

Spanish infrastructure giant Acciona has dropped its bid to acquire the $500 million East Rockingham waste-to-energy project in Western Australia, after a lengthy review by the ACCC.

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ACCC not ready to let Yamaha acquisition of Telwater sail through
Competition & Consumer Protection 2025-10-09 11:18 pm By Cat Fredenburgh

The competition regulator has expressed worries that Yamaha Motor’s proposed acquisition of aluminium trailer boat maker Telwater could substantially lessen competition in the wholesale supply of outboard motors.

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Australian Clinical Labs agrees to $5.8M penalty over data breach
Privacy & Cybersecurity 2025-09-29 12:12 pm By Cat Fredenburgh

In the first penalty to be handed down for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has agreed to cop a $5.8 million fine over a 2022 data breach that compromised the personal information of 223,000 customers of its Medlab business.

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Lederer’s takeover offer for Elanor Funds ‘neither fair nor reasonable’: report
Real Estate 2025-09-26 11:18 pm By Cat Fredenburgh

Elanor Funds Management’s board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.

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Battery Energy scoops up infrastructure manager accesstel
Energy & Natural Resources 2025-09-22 11:20 pm By Julia Kanapathippillai

Industrial battery manufacturer Battery Energy Power Solutions has boosted its security capability by acquiring Melbourne-based critical infrastructure asset manager accesstel.

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