361-370 of 908 results
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. ...
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. ...
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 ...
Vietnam merger control guide
Vietnam's new merger control regime took effect from 15 May 202. The new regime substantially expands the scope of transactions subject to the merger filing requirement and thereby captures more M&A transactions in Vietnam offshore. ...
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 ...
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 ...
The end is more nigh: FCA announces official LIBOR cessation dates
On 5 March the UK LIBOR regulator, the FCA, announced cessation dates for the vast majority of LIBOR settings. As expected, the key date will be end of this year (ie 31 December 2021) for mo ...
A new rights-based approach: the Aged Care Royal Commission delivers its blueprint for radical reform
The Royal Commission into Aged Care Quality and Safety issued its Final Report, which recommends significant change through the creation of a new aged care system aimed at placing people at the centre of aged care. The recommendations are wide ranging. ...
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 ...
PE Horizons 2021
With strategic bidders and foreign government acquirers on the side lines, 2021 may be the busiest ever for PE dealmakers ...