News Articles for King & Wood Mallesons

The new Westin resort planned for Margaret River joins a wave of hotel developments taking shape across the state worth more than $500 million.

Saracen Properties and Security Capital Australia have announced the development of a $100 million, five-star spa and resort in Margaret River, a boon for the South West region's tourism industry as it pursues a post-pandemic revival.

Azure Capital, Canaccord Genuity and DLA Piper were among the most active advisers on corporate finance deals in 2019.

NRW Holdings has purchased BGC Contracting for $116.4 million in cash, three weeks after it was named preferred bidder, and plans a capital raising of $130 million to fund the transaction.

WA-owned and independent HHG Legal Group, Kott Gunning Lawyers and Slee Anderson & Pidgeon have all reached their 100-year anniversaries.

Investment group QIC will need to increase its $422 million offer for Pacific Energy, after a consortium consisting of OPTrust and Infrastructure Capital Group lobbed a superior offer to the remote power provider.

Australian private equity firm Allegro Funds says it will make a significant investment in Western Australia's largest diagnostic imaging provider, Perth Radiological Clinic, the latest in a string of deals for the sector.

The world's biggest hotel chain is bringing one of its newest brands to Western Australia, with a Moxy Hotel to be built at 195 Hay Street in East Perth.

The ranking of Perth's major law firms has changed substantially over the past two years.

More affordable housing will soon be available to some struggling Australians, with a federal agency offering community housing providers $315 million worth of loans at cheaper-than-average rates.

King & Wood Mallesons, which ranks as the fourth largest law firm in WA, has expanded its local office with two lateral hires, Carl Black and Sam Dundas.

Government-backed agency StudyPerth has today appointed eight Western Australians from the education, legal and professional sectors as members of a new employability panel aimed at international students.

Gold-aspirant Capricorn Metals has announced a board restructure, which includes the retirement of managing director Heath Hellewell and founding director Peter Langworthy.

Santos is set to become the dominant supplier of gas in the Western Australian domestic market after striking a deal to buy privately-owned Quadrant Energy for $US2.15 billion ($A2.95 billion).

SPECIAL REPORT: Western Australian companies were involved in 235 corporate finance deals worth $6.9 billion in the June quarter, with new advisory firms playing an increasing role, research by Business News has found.

A second Supreme Court judgement in as many months has shed further light on the multi-billion dollar AVWest Aircraft business run by Perth rich lister Tim Roberts, who is in dispute with law firm Clayton Utz and Canadian manufacturer Bombardier.

King & Wood Mallesons Partner Nathan Collins, who was involved in the debt restructuring of troubled uranium miner Paladin Energy, says the deal, which left existing shareholders with a 2 per cent stake, was the only real option for the company.

Lithium producer Tawana Resources has announced plans to merge with its Bald Hill project joint venture partner, Singapore-listed Alliance Minerals Assets, to form a $446 million company.

SPECIAL REPORT: There has been a flurry of high-profile moves by senior lawyers in Perth as the sector readies for a pick-up from several quiet years.

Three high-profile business people have resigned from the board of Perth Modern School, just weeks after two other board members did not seek re-election, as the fallout from a governance dispute and a review by KPMG continues.

Brisbane-based Firstmac Holdings said today it would not extend its cash takeover offer for Goldfields Money, which has recommended shareholders support an alternative scrip-based merger with mortgage aggregator Finsure.

The board of Kalgoorlie-based bank Goldfields Money has knocked back a fresh takeover bid from Brisbane financial business Firstmac Holdings, which valued the company at $1.27 per share.

BHP Billiton manager Kirsten Rose is heading to one of the world's top universities this month for a leadership course after being selected for a Chief Executive Women scholarship.

It was 20 years' ago this month that Perth's two largest law firms surprised the business community by merging their operations. Herbert Smith Freehills hosted many of the 50-plus partners who were there at the time to mark the occasion.

Perth-based NRW Holdings has announced plans to acquire east coast contractor Golding Group for an enterprise value of $85 million.

Gumala Aboriginal Corporation is taking legal action against its former chief executive, Steve Mav, for allegedly breaching his duties while he was at the helm of the indigenous group.

A Chinese consortium is set to take control of the Dampier to Bunbury gas pipeline and several power stations across WA after regulators and shareholders today approved the $7.5 billion takeover of listed company DUET Group.

International share registry and shareholder management firm Link Group has inked a nine-year lease at office tower QV1, taking the building's occupancy rate past 90 per cent.

Niobium explorer Cradle Resources has recommended shareholders accept a takeover offer from joint venture partner Tremont Investments, which values the target at $55 million.

SPECIAL REPORT: The shake-out in Perth's legal services market is producing some surprising winners and losers, with one of the best performers being a firm many had expected to wither.

SPECIAL REPORT: Investment bank Gresham Partners and law firm King & Wood Mallesons were the top advisers on mergers and acquisitions in WA in 2016.

AMP Capital has bought the newly built Eastern Goldfields regional prison, joining the likes of Catholic Super, Australian Super and Aberdeen Asset Management as private owners of public infrastructure assets in Western Australia. Click through to see the BNiQ listing of public assets in private hands.

ASG Group's board has recommended its shareholders approve a takeover offer from a Japan-based consulting and IT services firm, which values the business at more than double that of a previous bid three years ago.

A Canadian gold miner has entered into an agreement to acquire Subiaco-based explorer Gryphon Minerals, in an all-scrip deal worth $86 million.

Plymouth Minerals has appointed John Sanders as technical manager and Robert Jewson as its business development manager.

Ethical, sustainable and support for communities in need are growing trends in the local fashion industry.

SPECIAL REPORT: A flurry of deals over the past fortnight, including four acquisitions by international companies expanding in Western Australia and the year's largest capital raising, has added life to a flat corporate finance market.

The Kailis family has folded its Kailis Bros seafood business into a larger, newly-capitalised venture called KB Foods that will be 90 per cent owned by Hong Kong-listed conglomerate Legend Holdings. Click through to see the multiple WA businesses owned by members of the Kailis family in WA.

CBH Group is planning to launch a full review of its cooperative structure after formally rejecting a proposal from Australian Grains Champion to corporatise and list the business on the ASX.

An independent expert's report commissioned by Aspen Group has concluded that its takeover of the Aspen Parks Property Fund is fair and reasonable and superior to a competing proposal.