The Federal Court judge overseeing the sale of Billabong has set a March date for a meeting of shareholders to weigh the company’s proposed sale to surfwear rival Boardriders.
New Zealand has asked the country’s High Court to block Platinum Equity LLC’s bid to buy OfficeMax Holdings Limited, echoing concerns voiced by Australia’s competition regulator that the deal will hinder competition.
The competition regulator on Wednesday released updated guidelines for media merger reviews, saying key to its analysis would beĀ competition and media diversity, theĀ impact of new technology and access to premium content.
The Australian Securities and Investments Commission could get more teeth under a new proposal by a Turnbull government taskforce released Tuesday, with penalties for corporate crime tripling from $1 million to $3 million.