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Construction PRO
Ingenia rejects $1.9B takeover offer from Warburg Pincus
Ingenia Communities has rejected a $1.9 billion unsolicited takeover offer from private equity firm Warburg Pincus, saying it undervalues the company.
Construction PRO
Richard Crookes can’t stay SafeWork case over collapse at student housing site
Richard Crookes Constructions has failed to permanently stay SafeWork NSW proceedings filed after a section of a formwork deck collapsed at a Sydney worksite for a student accommodation in 2023.
ACCC gives final nod to Google, Epic Games settlement
The competition regulator has given final approval to a settlement between Fortnite maker Epic Games and Google that resolves allegations the digital giant misused its market power.
AVZ Minerals has no money for lawyers in ASIC case, court told
Mineral exploration company AVZ Minerals does not have the funds to defend itself in ASIC proceedings alleging it failed to disclose a critical legal dispute, including a forgery claim, related to a $32 million lithium mine deal, a court has heard.
ACCC can continue cartel case against defunct crane company
The ACCC can continue to pursue cartel claims against defunct crane operator MCR Melrose, with a judge finding the regulator's case was in the public interest and unlikely to prejudice creditors.
Construction PRO
High Court appeal on cards in Dexus, APAC row amid sale worth ‘many billions’
A fight over the sale of Dexus' shares in Melbourne Airport operator APAC “may well” go to the High Court, a judge said Friday, as the infrastructure asset manager tells the court the sale may be in the “many billions of dollars".
Construction PRO
Far East Consortium sued over defects in Elizabeth Quay development
A group of owners at The Towers in Elizabeth Quay has sued Hong Kong-based developer Far East Consortium over alleged defects in the building. 
Construction PRO
Bathla Group reveals debts of $3.4B as lenders drag heels on funding
Sydney residential developer Bathla has accrued debts of $3.4 billion, administrators revealed Friday during a first creditors meeting as discussions with lenders on funding to keep 45 construction projects on track drag on.
Construction PRO
ASIC says number of private Bathla lenders to make funds tracing tough
As Bathla administrators reveal debts of over $3.4 billion, the corporate regulator has told a senate committee hearing the sheer number of private lenders that backed the company will make its tracing task difficult.
Construction PRO
Sydney developer to faced trimmed class action claims
A class action against Mulpha over a 683-lot development in Glenmore Park will discontinue stigmatisation claims, with property damage claims still remaining, a court has heard.