261-270 of 281 results
Allens advises Quantium on its expanded partnership with Woolworths Group
Under the transaction, Woolworths Group will increase its shareholding in Quantium from 47 per cent to 75 per cent, with Quantium founders and team members retaining 25 per cent of the business. ...
Nucleus – corporate law developments: ASIC 'no action' position on virtual meetings; legislative clarification on the definition of casual employee; and other updates
ASIC takes 'no action' position on virtual meetings but no such luck for electronic signatures; Fair Work Act amendments clarify the definition of casual employment; ASX Listing Rule amendments to commence from 5 June 2021; ASX updates Guidance Note 19: Performance Securities; Takeovers Panel remakes procedural rules; APRA provides guidance to ADIs on the use of indemnities in divestment transactions. ...
Allocating FIRB completion risk in public M&A deals
One of the issues a target board will need to consider when assessing a takeover by a foreign bidder is the mitigation of FIRB completion risk in the transaction, and the appropriate allocation of any residual risk between the bidder and the target. This is particularly an issue where the target's business includes critical infrastructure or raises national security issues. ...
Allens advises on US$2.5 billion LNG infrastructure investment
The deal sees GIP acquire an effective 26.25 per cent interest in the common facilities, which include LNG storage tanks, jetties and operations infrastructure servicing Queensland Curtis LNG's ...
Nucleus – corporate law developments: ASIC restricts effectiveness of certain director resignations; new ASIC whistleblower immunity policy; and other updates
ASIC restricts effectiveness of director resignations and introduces new whistleblower immunity policy; FIRB commences evaluation of changes to foreign investment laws; ACCC flags further reform of merger review process in 2021; lapsing of electronic signing and virtual meeting protocols ...
Allens advises Investec on sale of $1.1bn loan portfolio
The portfolio comprises leveraged finance, corporate and fund finance loans to corporates and funds across business services, entertainment, retail, childcare, healthcare, mining services and ...
Allens advises on PAG's acquisition of Unispace Global
Allens has advised the shareholders of Unispace Global on the successful sale to leading private equity group PAG Asia Capital. Founded in 2010, workspace design firm Unispace Global has more than ...
From the Paddington Markets to Milan: Allens advises on next phase of growth for Zimmermann
The sale sees the Milan-based private equity sponsor acquire a stake in the business, with the Zimmermann founders – Nicky and Simone Zimmermann and CEO Chris Olliver - retaining an interest. Gener ...
Nucleus – corporate law developments: major FIRB law changes; ASIC extends relief for financial reporting and AGM requirements; and other corporate law developments
Major foreign investment law changes; ASIC extends relief for financial reporting and AGM requirements and issues guidance on design and distribution laws; ASX issues guidance to address 'earning surprises'; ACCC releases first digital platform inquiry interim report; and WA Supreme Court hands down decision with implications for legal professional privilege in internal emails. ...
Nucleus – corporate law developments: ASIC concludes stub equity consultation; FIRB amending legislation introduced; FIRB updates guidance on tax conditions; proposal to make electronic signing and virtual meetings permanent; and other corporate law developments
ASIC concludes position on use of stub equity in control transactions; ASX extends emergency class waivers and clarifies ability to ratify use of additional placement capacity; FIRB amending legislation introduced to Parliament; FIRB updates guidance on tax conditions; ACCC to examine competition in mobile apps; Fair Work Commission extends temporary COVID-19 flexibilities in 99 modern awards; Federal Government proposes to make electronic signing and virtual meetings permanent. ...