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Allens advises The GEO Group on equity sale of Ravenhall Correctional Centre
News 11 Oct 2022

The equity sale follows the successful development of the Ravenhall Correctional Centre by way of a public-private partnership (PPP), with the centre opening in late 2017.  'We are pleased to have ...

M&A trends in the manufacturing and industrials sectors: green manufacturing, investment in technology and industrial real estate
Insight 10 Oct 2022

Following our recent Insight on the key M&A trends in the food and beverages sector, we turn to the manufacturing and industrials sectors, with an analysis of some of the major M&A trends we are seeing and their likely direction. ...

Further updates to cessation of remaining LIBOR settings
Insight 05 Oct 2022

On 29 September 2022, the UK LIBOR regulator, the FCA, announced it will no longer require publication of one-month and six-month GBP LIBOR beyond 31 March 2023. ...

Allens advises Crestone on acquisition by LGT Group
News 14 Sep 2022

Crestone was established in 2016 following a management buyout at UBS Wealth Management’s Australia unit, and provides wealth advice and portfolio management services to high net worth clients, ...

Lessons from Daewoo v INPEX: calls on bank guarantees
Insight 08 Sep 2022

Last week the NSW Supreme Court published an important decision concerning a principal's ability to call on a bank guarantee in circumstances where a contractor is facing financial troubles and/or potential insolvency in Daewoo v INPEX [2022] NSWSC 1125. ...

Recent industry guidance for fund managers on climate risk disclosure
Insight 07 Sep 2022

Fund managers should take note of recent guidance published by the Financial Services Council, which provides a set of baseline expectations for the investment management industry's approach to making net zero targets, ESG product labelling and other climate risk disclosure considerations. ...

2022 PE Horizons update: caution and opportunity
Insight 05 Sep 2022

Geo-political tensions, high inflation and rising interest rates have created significant market volatility. This inevitably breeds caution amongst sponsors, but also creates opportunity. ...

Major changes proposed to financial advice regime
Insight 30 Aug 2022

Treasury has released a further consultation paper as part of the Quality of Advice Review, seeking feedback on interim proposals for changes to the regulatory regime governing financial advice. ...

ASIC's Corporate Plan shaped by emerging environmental, economic and technology trends
Insight 29 Aug 2022

ASIC has released its four-year plan, which outlines its key areas of focus. Of these four priorities, three are new: Design and distribution obligations; Retirement decision making; Sustainable finance; and Technology risks. ...

Allens advises Morrison & Co and Brookfield led consortium on $3.7 billion acquisition of Uniti Group
News 24 Aug 2022

Uniti Group Limited is the second largest fibre-to-the-premises (FTTP) provider in Australia and owns fibre broadband builders OptiComm and LBNCo, and Telstra’s former FTTP business, Velocity. 'We ...

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