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Construction PRO
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.
Construction PRO
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.
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.
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.
Construction PRO
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.
Construction PRO
Industrial battery manufacturer Battery Energy Power Solutions has boosted its security capability by acquiring Melbourne-based critical infrastructure asset manager accesstel.
Packing giant Pact Group, owned by billionaire Raphael Geminder, has won its bid to have two barristers cross-examine an expert for logistics and supply chain company TIC Group when their dispute over a $30 million earn out payment goes to trial in December.
Construction PRO
A consortium led by the investment arm of Abu Dhabi's National Oil Company has dropped a $30 billion takeover bid for oil giant Santos.
Clayton Utz has snagged a senior partner from Allens’ mergers and acquisitions team to become its head of private equity.
The ACCC has raised competition concerns about the proposed acquisition of Benedict Recycling by its "closest competitor" Igneo Infrastructure Partners, a subsidiary of Australian asset management giant First Sentier Investors.