Rhys Casey

Rhys Casey

Rhys Casey is a partner in the Corporate M&A team in the Brisbane office of King & Wood Mallesons.

Rhys is a transactional and corporate advisory lawyer specialising in corporate and commercial law with an emphasis public company takeovers and schemes, private M&A and private equity, joint ventures, reconstructions and capital raisings (including IPOs, hybrids and secondary raisings for both companies and funds).

Rhys also regularly provides general corporate advisory support to clients, with a particular emphasis on corporate law, governance, directors’ duties and securities law.

Rhys has experience across a range of industry sectors including financial services, energy and resources, infrastructure, agribusiness, retail and gaming.

Representative matters

Public M&A

  • Auswide Bank – demutualisation and acquisition via a cash and scrip scheme of arrangement of Your Credit Union (the first merger between a listed bank and a mutual ADI in over a decade in Australia)

  • Firstmac – on-market takeover bid for Goldfields Money

  • Westside Corporation – off-market takeover bid for Armour Energy

  • Brisbane Airtrain – acquisition by USS by way of three interconditional schemes of arrangement

  • Horizon Oil – proposed merger of equals by way of scheme of arrangement with Roc Oil

  • Casinos Austria and Accor – as the largest institutional unitholders in connection with the off-market takeover by Aquis for the Reef Casino Trust

  • Acer Energy – off-market takeover by Drillsearch

  • MSF Sugar – off-market takeover by Mitr Phol Sugar Corp

  • Oaks Hotels & Resorts – off-market takeover by Minor International

  • Dart Energy – off-market takeover of Apollo Gas

  • Arrow Energy – off-market takeover bid for Pure Energy Resources

Private M&A / Private Equity / Joint Ventures

  • Super Retail Group - acquisition of outdoor adventure retailer Macpac from CHAMP Ventures

  • Suncorp Insurance Ventures – acquisition of 49% interest in ACM Parts Pty Ltd from US-based LKQ Corporation

  • Auswide Bank – investment in P2P lender MoneyPlace and subsequent sell-down to Liberty Financial

  • AACo - co-investment into Nucleus Biologics with Tavistock Group

  • Bluefin Investments – acquisition of shares in SG Fleet Group

  • Super Retail Group – establishment of AutoCrew joint venture with Bosch

  • Horizon Oil – recapitalisation via a US$50 million mezzanine debt finance package and associated option issuance

  • Ergon Energy – investment (alongside CSIRO) in energy technology start-up HabiDapt

  • Casinos Austria – sale of Casino Canberra Limited (the licensee of the Canberra Casino) to Aquis

  • MSF Sugar - establishment of the Northern Milling Joint Venture with Bundaberg Sugar and subsequent acquisition of Bundaberg Sugar’s northern milling assets

  • QIC Global Private Equity – investments into Ostwald Construction Materials and Water Utilities Australia

  • QIC Limited – acquisition of Queensland Motorways from the Queensland Government

  • Super Retail Group – acquisition of Rebel Group (owner of Rebel Sport and A-Mart All Sports) from Archer Capital

  • RACQ – acquisition of Suncorp Group’s 50% shareholding in RACQ Insurance

  • BHP Billiton Mitsubishi Alliance – acquisition of the New Saraji Coal Project from New Hope Corporation

  • BG Group – acquisition of interests in QGC

IPOs / Hybrids / Secondary Raisings

  • Bank of Queensland - $350m Capital Notes offer to raise Additional Tier 1 Capital and CPS reinvestment offer

  • Suncorp - $375m Capital Notes 2 offer to raise Additional Tier 1 Capital and CPS2 reinvestment offer

  • GARDA Diversified Property Fund – IPO and ASX listing of units

  • National Storage REIT – IPO and ASX listing of stapled securities and subsequent underwritten institutional placements and security purchase plans

  • Horizon Oil - SGX listed convertible bond issue

  • Auswide Bank – underwritten dividend reinvestment plan

  • AACo – $220 million underwritten non-renounceable pro-rata entitlement offer and associated $80 million convertible note issue

  • Horizon Oil – underwritten accelerated non-renounceable pro-rata entitlement offer

  • Aurizon – $1 billion selective share buy-back to facilitate the post-IPO sell-down by the Queensland Government

  • Super Retail Group – $334 million accelerated renounceable (PAITREO) entitlement offer

  • Aurizon (previously QR National) – IPO and ASX listing to facilitate the privatisation by the Queensland Government

  • Dart Energy – $100 million underwritten accelerated non-renounceable (JUMBO) rights issue

  • Virgin Group – participation in Virgin Australia’s capital raising

  • Institutional placements and share purchase plans for AACo, Auswide Bank, Super Retail, Horizon Oil and MSF Sugar

Location

Legal insights

Key themes from this year’s Beef Week include emerging opportunities regarding trade and investment, branding and the importance this plays in the supply chain and more...

15 May 2018

The Takeovers Panel has released a consultation paper seeking submissions on a number of proposed amendments to Guidance Note 17.

05 March 2018

Sale and leaseback deals are an attractive way for institutional investors to obtain exposure to the agricultural sector but there are common issues that need to be carefully considered.

27 September 2017

The Qld Government released the Consultation Regulatory Impact Statement for broadening and enhancing reef protection regulations to improve water quality protections for the Great Barrier Reef.

20 September 2017