Most Recent
ACCC greenlights Wesfarmers’ $230M acquisition of Catch Group
The competition regulator has cleared the way for Australian retail giant Wesfarmers to acquire online retailer Catch Group for $230 million, after finding the acquisition would be unlikely to impact competition in online marketplaces.
Shareholders give thumbs up to create IP services behemoth
Shareholders of Xenith IP have voted to approve a hard-fought takeover proposal by Australia's largest intellectual property services firm IPH, in a deal that will create an IP services giant employing a staff of over 1,000 across the Asia Pacific.
ACCC greenlights auto dealership merger, with proviso
The competition watchdog has signed off on a proposed merger of AP Eagers and Automotive Holdings Group, Australia's two biggest auto retailers, on the condition that AP Eagers divest two new car dealerships.
ACCC flags competition concerns in $350M ANZ Terminals, GrainCorp tie-up
The Australian Competition and Consumer Commission has expressed competition concerns about ANZ Terminals' proposed acquisition of a unit of global agribusiness GrainCorp, despite the storage specialist offering to divest one of its terminals to win approval for the $350 million deal.
Global textiles giant Simba can peek at IFOTA’s books, judge says
Clothing manufacturer IFOTA has been ordered to open its books to shareholder Simba after it raised concerns about IFOTA's management and financial position.
Mondelez overvalued Aussie biz in $460M sale to Bega, suit claims
Bega Cheese is accusing global food giant Mondelez of overstating the value of the Australian assets purchased for $460 million in July 2017 as part of a deal that's also at the centre of an ongoing dispute with Kraft over peanut butter trade dress rights.
ACCC appeals loss in case over Pacific National, Aurizon terminal deal
The Australian Competition and Consumer Commission is appealing the dismissal of its case over Pactific National's purchase of Aurizon's Acacia Ridge Terminal in Queensland, challenging the Federal Court's power to accept Pacific National's last-minute promise to ensure access to the major freight terminal by competitors.
Shine, Slater & Gordon dismiss speculation of merger
Shine Lawyers and Slater & Gordon on Tuesday denied media reports that the two law firms were in merger talks or that there were any imminent plans for a union.
ASIC fights ANZ bid to stay capital raising case as cartel action hangs over bank
The Australian Securities and Investments Commission is pushing back against an application by ANZ Bank to stay the regulator's civil penalties case over disclosures related to a $2.5 billion equity capital raising while it defends against criminal charges related to the controversial share placement.
Vodafone, TPG merger would have ‘profound social consequences’, ACCC tells court
Allowing Vodafone's proposed $15 billion merger with TPG to go ahead if there were a real chance that TPG could seriously compete in the market for mobile services would have "profound social consequences," the competition watchdog told the Federal Court Friday as it unsuccessfully sought to push back a hearing over the deal.