Mayne Pharma is facing a new hurdle in its plans to merge with US drug maker Cosette, with the Treasurer flagging it may block the $672 million deal.
Property giant Frasers has expanded its capital partnership with Morgan Stanley to include a portfolio of $500 million in warehouse assets in NSW, Victoria and Queensland, bringing their partnership to over $1 billion in assets.
Engineering firm WSP has secured a stay of a new suit by Canberra builder Morris Construction alleging it should be on the hook for engineering and design failures by a subsidiary over a troubled Kingston development.
Clyde & Co has boosted its corporate insurance and commercial offering by luring a partner from Gilchrist Connell.
The NSW government is planning to appeal a ruling that ordered it to pay $93,000 in damages to the lead plaintiff in a class action over police strip search at music festivals.
Engineering firm GHD Australia, which was recently joined to a class action over a bus crash in NSW’s Hunter Valley that killed 10 passengers, has said it may bring cross-claims against its fellow defendants.
WiseTech’s Sydney office has been raided by federal police and the corporate regulator as part of an investigation into share trading by its billionaire chairman and founder Richard White and three others.
The events described by an ex-Master Builders Association board member read like a best-seller, involving as they do boardroom drama, a secret investigation and an alleged whistleblower. But as thrilling as they sound, they don’t support orders for discovery against the construction lobby group, a judge has said.
The federal government has approved a battery energy storage system in the Western Downs region in Queensland in just 19 days.
The ACCC has taken Microsoft to court, alleging the software giant misled 2.7 million customers of its 365 product suite into believing they had to subscribe to its AI assistant Copilot, knowing they were sceptical of the new product.