Deals
KWM advises Northern Star on its A$5 billion acquisition of De Grey
King and Wood Mallesons is pleased to be advising Northern Star Resources Ltd on its proposed A$5 billion all-scrip acquisition of De Grey Mining Ltd, by way of scheme of arrangement under the Corporations Act.
05 December 2024
Firm News
Market-leading transactions propel KWM to top position in Q3 2024 M&A League Tables
King & Wood Mallesons (KWM) is proud to sit atop both Mergermarket and Bloomberg’s M&A League Tables at the end of Q3 for 2024.
17 October 2024
Firm News
KWM advises Sierra Rutile to successful outcome after three competing takeover proposals
King and Wood Mallesons (KWM) is pleased to have acted for Sierra Rutile Holdings Limited (Sierra Rutile), which was recently the target of three competing takeover proposals.
08 October 2024
Deals
KWM advises John Laing on its acquisition of additional interests in the Sydney Light Rail PPP Project
King & Wood Mallesons (KWM) is pleased to have acted for global infrastructure investor John Laing on its acquisition of an additional 62.5% stake in the Sydney Light Rail PPP, taking its total equity commitment in the Sydney Light Rail PPP to 95%.
13 September 2024
Deals
KWM advises on $24BN Airtrunk acquisition, Australia's biggest M&A deal for 2024 so far
King & Wood Mallesons (KWM) is proud to have worked with the world’s largest alternative asset manager, Blackstone, on its acquisition of leading data centre provider, AirTrunk.
05 September 2024
Deals
KWM closes $13bn in deals - tech and foreign capital powering Australian M&A
Yesterday, King & Wood Mallesons’ M&A teams successfully completed two of the three largest M&A deals in 2024 so far, reflecting strength in technology and cross-border dealmaking.
02 August 2024
Firm News
KWM bolsters Singapore and Hong Kong offices
Asia’s largest international law firm King & Wood Mallesons (KWM) has expanded its Partnership, welcoming three individuals across two of its offices. Gary Hamp and Indraneil Ghosh have been appointed in Singapore, and Ike Kutlaca has been appointed in Hong Kong SAR.
31 January 2024
Deals
KWM advises Icon on joint venture in Malaysia
King & Wood Mallesons (KWM) is delighted to have advised Icon Group (Icon) on its joint venture with Sunsuria. Icon is a leading provider of comprehensive cancer care, owned by one of the largest private equity firms in Asia, BPEA-EQT.
18 September 2023
Deals
KWM advises Newmont on $A26b acquisition of Newcrest
King & Wood Mallesons is delighted to be supporting Newmont in its acquisition of Newcrest Mining by scheme of arrangement.
16 May 2023
Deals
KWM advises Greater Bank on its merger with Newcastle Permanent to create one of Australia’s largest customer owned banks
King & Wood Mallesons (KWM) is pleased to have supported Greater Bank Limited (Greater Bank) on its merger with Newcastle Permanent Building Society Limited (Newcastle Permanent), renamed Newcastle Greater Mutual Group Ltd.
02 March 2023
Firm News
KWM releases latest market report on Australian private M & A deals
King & Wood Mallesons (KWM) has released its latest annual DealTrends report on the Australian private M&A market, where investors experienced contrasting deal environments.
14 February 2023
NEWS
KWM launches new guide for investors into Australia
King & Wood Mallesons has today published its latest Guide to Doing Business in Australia.
06 December 2022
Deals
KWM acts on Jervois Global's ~$231 million equity raising
KWM has acted on Jervois Global’s institutional placement and accelerated non-renounceable entitlement offer to raise approximately $231 million.
05 December 2022
Deals
KWM advises Regal Partners Limited on ~$110m equity raising to accelerate growth
KWM is proud to have assisted Regal Partners Limited ~$110M equity capital raising, enabling the funds manager to build surplus capital and providing balance sheet capacity to accelerate multiple growth initiatives.
26 September 2022
Deals
KWM advises Pendal Group in $2.5 billion transaction with Perpetual
King & Wood Mallesons (KWM) is proud to have assisted Pendal in reaching agreement to combine with fellow funds manager Perpetual.
01 September 2022
Deals
KWM assists with the completion of Woodside’s transformation into global top 10 independent energy producer.
King & Wood Mallesons has helped Woodside Energy Group to take its place among the global top 10 independent energy producers, with the successful completion of its merger with BHP’s oil and gas business.
07 June 2022
,Deals
KWM advises Prospect Resources on the sale of the Arcadia Lithium Project
King & Wood Mallesons (KWM) has acted for Prospect Resources Lithium on the sale the Arcadia Lithium Project in Zimbabwe (in which Prospect holds 87% interest) for US422 million to a subsidiary of Zheijiang Huayou Cobalt Co, a new energy lithium-ion battery material producer (Huayou). The sale completed on 20 April 2022 and represents the recognition of the value and potential of the Arcadia Lithium Project and was the result of the strategic partnership process undertaken by Prospect which began in August 2021.
10 May 2022
Deals
KWM acted for Scottish Pacific Group in its acquisition of fintech lender Business Fuel
King & Wood Mallesons (KWM) has acted for leading Australian independent SME financing provider Scottish Pacific Group (ScotPac) in its acquisition of Business Fuel Holdings (Business Fuel) – a provider of online loan applications, automated credit assessments and funding approval within 24 hours, for loans of up to $250,000.
20 April 2022
Deals
KWM assists Suncorp with Wholesale Subordinated Notes issue and divestment of Australian Wealth Business
King & Wood Mallesons (KWM) has advised Suncorp Group Limited (Suncorp) on its floating rate, unsecured, subordinate notes which raised AU$290 million from institutional investors and other wholesale market investors. KWM is also pleased to have advised Suncorp on the successful completion of the sale of its Australian Wealth Business to LGIAsuper.
13 April 2022
Deals
KWM advises Irongate Group on strategic schemes for AU1.6 billion property portfolio
The SIA would see the Charter Hall partnership (which comprises Dutch pension fund PGGM and Charter Hall) acquire 100 % of the units in Irongate Property Fund I, and Charter Hall Holdings Pty Limited acquire 100 % of the units in Irongate Property Fund II by way of trust schemes of arrangement.
04 April 2022
Firm News
KWM appointments reflect a new energy and resources horizon, significant boost to M&A capability
Lorenzo and Peter are recognised as top practitioners in the energy and resources sector, with decades of experience and were former Global co-heads of Mining and Oil & Gas, respectively. Their appointments late last year further strengthened the already market-leading KWM resources sector team, and their deep experience across the Asia-Pacific Region adds an additional dimension of capability and connectivity across KWM’s top-tier footprint in the region.
24 March 2022
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KWM advises Abacus Property Group on its $200 million institutional placement
King & Wood Mallesons (KWM) is acting for Abacus Property Group in relation to its $200 million placement and a share purchase plan to raise up to $15 million.
21 March 2022
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A unique time for deal making: KWM releases market report on Australian private M & A deals
King & Wood Mallesons (KWM) has released its 11th DealTrends report on the Australian private Mergers & Acquisitions (M & A) market evidencing a buoyant deal market that has shifted back to pre-COVID 19 pandemic dynamics.
16 March 2022
Deals
KWM assists QSuper and Sunsuper with merger – Australian Retirement Trust
QSuper and Sunsuper will merge to become Australian Retirement Trust with over $200B in assets, making the deal Australia’s largest-ever super fund merger.
28 February 2022
Deals
KWM assists EQT with major investment into Australian retirement living
KWM has advised Swedish Investor EQT Infrastructure (EQT), on its purchase of Stockland’s retirement living business. The $1 billion acquisition includes a portfolio of 58 established Retirement Living villages and 10 projects that are currently underway.
24 February 2022
Deals
KWM advises on financing of Australia’s largest recent forestry acquisition for AXA Investment Managers
The plantations comprise over 22,000 hectares of sustainably managed pine plantations along the Victorian and South Australian borders in an area known as the ‘Green Triangle’. Specific details of the transaction are not being publicly disclosed, however the transaction is understood to be the biggest timber industry sale in Australia since 2012.
22 December 2021
Deals
KWM advises Steadfast on $220m capital raising for its $411m acquisition of Coverforce
King & Wood Mallesons is delighted to have assisted Steadfast Group on its successful capital raising for the acquisition of Coverforce.
19 August 2021
NEWS
KWM advises Westpac on $900m sale of life insurance business to TAL
King & Wood Mallesons is delighted to have advised Westpac on the sale of its life insurance business to TAL Dai-ichi Life Australia Pty Limited (TAL), and the exclusive 20 year strategic alliance for the provision of life insurance products to Westpac's Australian customers.
18 August 2021
NEWS
KWM advises Woodside on its proposed merger with BHP Petroleum to create global energy company
King & Wood Mallesons (KWM) has advised Woodside Petroleum Ltd on its proposed merger with the oil & gas business of BHP Group Limited, which would create the largest energy company listed on the Australian Securities Exchange, with an anticipated market capitalisation in excess of A$40 billion.
18 August 2021
NEWS
KWM advises Zoetis on strategic acquisition of animal pharmaceutical manufacturer Jurox
King & Wood Mallesons is proud to have advised leading global animal healthcare company Zoetis on its acquisition of Australian-based animal pharmaceutical manufacturer Jurox.
06 August 2021
NEWS
KWM helps Endeavour Group focus on future with successful demerger
King & Wood Mallesons is delighted to have assisted the newly ASX-listed Endeavour Group in its demerger from the Woolworths Group, reflecting their vision to create two simpler, more focused independent businesses that are better equipped for future growth.
07 July 2021
NEWS
ASX-backed Fintech Grow continues expansion with help from KWM Fintech specialists
KWM is delighted to have assisted fintech Grow Inc's $25million series B capital raising, enabling the company to accelerate development of its flagship high-security distributed ledger funds administration platform.
23 June 2021
NEWS
KWM advises Axiata Digital Advertising (ADA) on merger with eCommerce enabler, Awake Asia
King & Wood Mallesons (KWM) has advised Axiata Digital Advertising (ADA), a subsidiary of Axiata Group Berhad, on the acquisition of Awake Asia, an eCommerce enabler with operations in six countries in Southeast Asia.
14 June 2021
NEWS
KWM assists Bank of Queensland on ME Bank acquisition and $1.35bn capital raising
Bank of Queensland's strategic ambitions have been the focus of a KWM deal team guiding BOQ on its announced acquisition of ME Bank and associated capital raising.
24 February 2021
NEWS
KWM guides NASDAQ-listed Verra Mobility’s acquisition of Australian traffic tech Redflex
King & Wood Mallesons is delighted to have assisted US transportation technology firm Verra Mobility (NASDAQ: VRRM), in its proposed acquisition of ASX-listed intelligent traffic management company Redflex Holdings Pty Ltd (ASX: RDF) via scheme of arrangement, announced today.
22 January 2021
NEWS
King & Wood Mallesons private equity team advises Quadrant on its investment in Fullerton Heath Australia
King & Wood Mallesons (KWM) is pleased to have advised funds managed by Quadrant Private Equity on their just-completed investment into Fullerton Health Australia.
23 December 2020
NEWS
Large KWM team guides Westpac’s sale of its general insurance business to Allianz
A large cross-practice team, led by Meredith Paynter and Jim Boynton, and supported by a big team of partners and lawyers has done a tremendous job supporting Westpac this year on Project Manhattan – the sale of its general insurance business to global insurer Allianz. The transaction was announced on 2 December 2020, and includes an exclusive 20 year distribution arrangement, which expands on the existing relationship between Westpac and Allianz.
23 December 2020
NEWS
King & Wood Mallesons acts on Dalrymple Bay Infrastructure’s $656 million IPO
King & Wood Mallesons (KWM) has acted on Dalrymple Bay Infrastructure's $656 million initial public offering (IPO), which is the second largest IPO to date this year.
11 December 2020
NEWS
KWM acts for Ampol on $500 million hybrid raising
King & Wood Mallesons (KWM) has advised Ampol on its $500 million subordinated debt issuance which has helped make 2020 the biggest year for domestic corporate hybrid and subordinated debt issuances since 2012.
11 December 2020
NEWS
KWM advises Abacus Property Group on $400 Million capital raising
King & Wood Mallesons (KWM) is acting for Abacus Property Group in relation to its accelerated non-renounceable entitlement offer to raise approximately $400 million.
08 December 2020
NEWS
King & Wood Mallesons continues capital raising success with NAB’s $2bn Capital Notes 5 offer
King & Wood Mallesons (KWM) is delighted to have assisted National Australia Bank (NAB) with the launch of its $2bn NAB Capital Notes 5 offer.
26 November 2020
Deals
KWM assists Flight Centre with A$400 million raising as travel conditions look to improve
King & Wood Mallesons (KWM) has acted for Flight Centre in relation to its issuance of A$400 million unsecured notes which are convertible into Flight Centre ordinary shares.
11 November 2020
NEWS
KWM advises Challenger to execute ongoing funding and capital management strategy
King & Wood Mallesons (KWM) is pleased to announce it has advised investment management firm Challenger Limited on its capital notes offer.
19 October 2020
NEWS
KWM helps CSIRO bring emission reducing cattle feed venture to market
King & Wood Mallesons advised CSIRO on the establishment of new investment vehicle, FutureFeed, which will commercialise a seaweed product found to dramatically reduce methane emissions from cattle.
28 September 2020
NEWS
KWM assists Suncorp with $250 million wholesale subordinated notes issue
King & Wood Mallesons (KWM) has advised Suncorp Group Limited (Suncorp) on its floating rate, unsecured, subordinate notes which raised AU$250 million from institutional investors and other wholesale market investors.
11 September 2020
NEWS
KWM advises on $1.44bn sale of MLC
King & Wood Mallesons (KWM) is proud to have assisted National Australia Bank (NAB) in reaching agreement to sell its MLC wealth management business.
31 August 2020
Deals
KWM acts for IXL Learning on acquisition of 3P Learning
King & Wood Mallesons (KWM) is pleased to announce it has supported US-based digital learning company IXL Learning on its acquisition of ASX-listed 3P Learning.
18 August 2020
NEWS
KWM acts on Sydney Airport’s $2 billion entitlement offer
King & Wood Mallesons (KWM) has acted on Sydney Airport's pro rata accelerated renounceable entitlement offer (with retail rights trading) to raise approximately $2 billion. This is the second largest capital raising during the COVID-19 crisis, with the largest being for National Australia Bank (NAB), on which KWM also acted. KWM has acted on the majority of the top 10 largest secondary capital raisings during the COVID-19 crisis to date. The cumulative total of funds raised under the firm's guidance since 22 March 2020 is approximately $15.8 billion.
11 August 2020
Deals
KWM assists China Molybdenum on its US$550 million gold and silver streaming transaction
King & Wood Mallesons (KWM) continues to support long-term client China Molybdenum Co., Ltd on its global growth, as Australian and Hong Kong counsel on its US$550 million streaming transaction with Triple Flag Precious Metals Corp. (Triple Flag). Triple Flag will receive gold and silver deliveries determined by reference to production from the Northparkes copper-gold mine in New South Wales.
22 July 2020
NEWS
KWM advises Wren House Infrastructure on the sale of its 19.99% stake in TransGrid Australia
King & Wood Mallesons (KWM) has acted for Wren House Infrastructure Management (Wren House) on the sale of its 19.99% stake in TransGrid Australia to OMERS. TransGrid Australia is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital Territory.
21 July 2020