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Optus has been hit with a penalty of more than $826,000 after scammers exploited a vulnerability in its third-party verification system and stole $39,000 from customers' bank accounts.
The Foreign Investment Review Board has extended the deadline for ruling on Cosette's proposed $672 million takeover of Mayne Pharma.
Construction PRO
Hong Kong-based Link REIT has made a play to acquire three of five Lendlease shopping centre assets that comprise a $2.9 billion property fund that are being sold down amid a slew of redemption requests.
Construction PRO
Family-owned Marlow Hotel Group has acquired the Silverwater Hotel in Sydney's west for a reported $77 million.
Ashurst has announced plans to merge with US law firm Perkins Coie, creating a powerhouse firm with 3,000 lawyers across 23 countries with ambitions to lead the way on AI.
Construction PRO
The developer of a 17-storey social housing in Greenborough, Victoria has filed a lawsuit against Melbourne developer Alpha14 Property Group seeking declarations that it has no interest in the property.
Construction PRO
Lendlease has announced it will sell down the assets in an unlisted retail property fund the real estate giant has fought to maintain control over in order to meet redemption requests.
Westpac has paid back $50 million plus interest and super to 47,000 current and former staff who were underpaid over an 11-year period.
The Takeovers Panel has agreed to hear Mayne Pharma's latest dispute with Cosette over the US drug maker's attempts to walk away from their $672 million merger agreement and extended the timeline for completing the deal.
ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance's former boss and another executive over a sales incentive scheme.