M&A

Petrol giant Ampol has announced it is exiting the retail electricity market in Australia and New Zealand, divesting its assets to AGL and Meridian to direct its focus towards electric vehicle charging and renewable fuels. 

Rugby team the Sydney Roosters has purchased a 26-room UKO co-living apartment block in Paddington in Sydney's east.

The competition regulator has opened an informal review into whether competition issues would arise should French dairy company Lactalis make a play for the assets of New Zealand dairy cooperative Fonterra which are up for sale.

A specialist private equity lawyer with over 20 years of experience has joined King & Wood Mallesons private capital team as a partner.

Australian mining company Gold Road Resources has agreed to a $3.7 billion takeover by South African mining company Gold Fields.

Boab Metals has agreed to buy a processing plant for $10 million from copper ore company Sandfire.

Engineering firm Monadelphous will acquire a Perth-based provider of high-voltages services for $21.5 million.

Building materials giant James Hardie has promised it won't seek foreign exempt listing status and will not de-list from the ASX without the green light from shareholders, following backlash to its $14 billion merger with US home decking provider AZEK.

Self-storage investor National Storage REIT has acquired a stake in rival Abacus Storage Kings, which is currently mulling a $1.9 billion takeover offer from a rival.

Hunt & Hunt NSW and Hicksons Lawyers have signed a deal to combine their mid-size firms, in a merger to take effect on 1 July.