HWL Ebsworth has acted for the Centuria Capital Group (ASX: CNI) (Centuria) in relation to the cash and scrip takeover of New Zealand listed fund manager, Augusta Capital Limited (NZE:AUG) (Augusta) for AU$124.5 million (NZD$132.7 million). The acquisition follows Centuria’s participation in Augusta’s institutional and retail placement as sub-underwriter earlier in the year, at which time Centuria’s wholly-owned subsidiary, Centuria New Zealand Holdings Limited secured a 23.3% stake in Augusta.

The completion of the Augusta acquisition will result in Centuria’s assets under management increasing by 24% to AU$8.9 billion and place it in a position to be included in the S&P ASX 200 index.

The HWL Ebsworth corporate and commercial team consisted of Partner James Lonie, Senior Associate Alex Beagley and Graduate-at-Law Will Crammond.

NOTE TO EDITORS:

HWL Ebsworth is the largest legal partnership in Australia according to the most recent partnership surveys published by The Australian and the Australian Financial Review.

The firm comprises 1,412 staff including: 270 Partners, 799 other legal staff and 343 support staff across offices in nine locations – Adelaide, Brisbane, Canberra, Darwin, Melbourne, Hobart, Norwest (North West Sydney), Perth and Sydney.

HWL Ebsworth is an independent, nationally integrated, full service commercial law firm, providing tailored and commercially oriented legal services.

HWL Ebsworth operates a different business model to the other leading national law practices, and this allows us to offer unrivalled value for money without compromising quality and service. Our low ratio of solicitors to partners ensures that our clients receive optimal access to partner resources for all matters.

For further information, please contact:

Russell Mailler, National Marketing Manager (03) 8644 3569 or rmailler@hwle.com.au