M&A

Troubled casino operator Star Entertainment says it will have to repay $36.5 million to its Queen's Wharf partners if an agreement  on a plan to buy out its stake in the Brisbane entertainment project is not reached by the end of the month.

The Australian Competition and Consumer Commission has given the green light to DP World's proposed acquisition of Silk Logistics, after finding it was not likely to substantially lessen competition.

US private equity firm KKR will acquire agriculture infrastructure firm ProTen from superfund Aware Super, in a deal valued at around $1.3 billion.

Downer EDI has sold its 49 per cent stake in a bus and light rail joint venture with French public transport operator Keolis for $132 million.

Brookfield Asset Management has agreed to sell retirement home operator Aveo for $3.85 billion in what's been touted as the largest-ever direct real estate transactions in Australia. 

White & Case has snapped up an IT and IP expert from Bird & Bird, citing the increasing need for technological expertise in M&A and private equity transactions. 

Personal injury firm LHD Lawyers has acquired Holding Redlich’s personal injury group, Work Injury Lawyers, bolstering the firm's presence in Victoria.

Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia's off-grid mining industry.

Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.