M&A

Developer AVJennings said it is mulling competing takeover offers by Singaporean developer Ho Bee Land and private equity-backed AVID Property Group.

Law firm Maddocks has advised Simonds Group on its $10 million pick-up of Dennis Family Homes, an acquisition expected to generate $200 million in additional revenue for the homebuilder next year.

The competition regulator is seeking views on whether IAG's bid to acquire a 90 per cent stake in RACQ's insurance underwriting business for $855 million could saddle consumers with higher prices.

Law firm HFW has welcomed former Herbert Smith Freehills energy M&A partner Graeme Gamble to its Perth office.

A bidding war has broken out after Singaporean developer Ho Bee Land made a $390 million offer to acquire developer AVJennings, months after AVID Property Group lodged a takeover offer.

European construction company STRABAG Group has received Foreign Investment Review Board to acquire Australian construction company Georgiou Group for $233 million.

Baker McKenzie has welcomed back a seasoned banking and finance partner after his five-year stint at Hogan Lovells came to an end when the firm decided to close its Sydney office. 

Viva Energy has been given the all-clear by the ACCC to acquire the remaining 50 per cent share of LOC Global after agreeing to sell 14 service stations to Solo Oil.

A Herbert Smith Freehills mergers and acquisitions partner faces an internal investigation over a tweet aimed at Arnold Bloch Leibler partner Jeremy Leibler.