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ACCC delays decision on Coles acquisition of Saputo plants
ACCC 2023-09-12 11:35 pm By Cat Fredenburgh

The ACCC has delayed its decision on whether to greenlight Coles’ plans to acquire milk processing plants from Saputo, after expressing competition concerns about the $105 million deal.

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Construction PRO
ANZ, Suncorp gear up for fight with ACCC over $4.9B merger
ACCC 2023-09-12 11:25 pm By Sam Matthews

A battle with the competition regulator over the proposed ANZ, Suncorp tie-up has begun, with the first clash involving a group of rival lenders that want their submissions to the ACCC kept under lock and key.

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Construction PRO
Clifford Chance nabs Herbert Smith Freehills M&A veteran
Business of Law 2023-09-11 11:40 pm By Sam Matthews

Clifford Chance has snagged an M&A partner from Herbert Smith Freehills to join its growing corporate practice.

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Jones Day nabs partner from Ashurst for energy practice
Ashurst 2023-09-05 11:16 pm By Christine Caulfield

Global law firm Jones Day has recruited two partners for its growing energy practice, including a former Ashurst partner.

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ASIC seeks ‘re-run’ of trial against James Mawhinney, court told
Angel Aleksov 2023-08-31 3:23 pm By Cindy Cameronne

ASIC wants to re-run its case against investment group M101 Nominees and founder James Mawhinney after admitting it made errors at its initial trial, arguing for new fines and disqualification orders on remittal by the Full Court, a judge has heard.

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Construction PRO
‘Cavalier’ witness tanks ASIC’s long-running case against Quintis founder
ASIC 2023-08-29 11:14 pm By Christine Caulfield

The corporate regulator has lost its civil case against Frank Wilson, the founder of sandalwood oil producer Quintis, after failing to persuade the Federal Court he withheld from the board the termination of major supply contracts with a Nestle unit.

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Construction PRO
Care A2 can’t block Gensco’s US lawsuit over soured baby formula deal
Competition & Consumer Protection 2023-08-28 10:31 pm By Cat Fredenburgh

A judge has refused infant formula company Care A2’s bid to block US business partner Gensco from filing a lawsuit in Florida that overlaps with a $200 million suit filed in Australian court over a deal to sell formula in the US amid a supply shortage.

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$4.9B ANZ, Suncorp merger heads to Competition Tribunal
ACCC 2023-08-25 10:11 pm By Cat Fredenburgh

ANZ has lodged an application asking the Australian Competition Tribunal to reverse the competition regulator’s rejection of its $4.9 billion tie-up with Queensland-based Suncorp.

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Man charged with insider trading ahead of $776M Westfarmers deal
Corporate 2023-08-24 9:20 pm By Cat Fredenburgh

A man has been charged with trading in inside information in advance of Westfarmers’ $776 million acquisition of lithium company Kidman Resources in 2019.

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Ex-G8 Education chair suffers another loss in challenge to ASIC examination
ASIC 2023-08-22 10:29 pm By Sam Matthews

Former G8 Education chair Jennifer Hutson has lost an appeal of a decision that found she was not unlawfully examined by the corporate regulator over the childcare company’s $162 million hostile takeover bid for Affinity Education Group.

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