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HWL Ebsworth assists OZ Minerals with syndicated facility

HWL Ebsworth has assisted ASX listed mining company OZ Minerals Ltd in securing a $300 million revolving cash advance syndicated facility. The transaction was led out of the firm’s Adelaide office by Banking and Finance Partner Peter Staniszewski with the assistance of Nima Sedaghat and Dhanushka Jayawardena on tax matters. Six major lenders came together … Read more


HWL Ebsworth acts for Coles Group on exclusive agreement with Ocado Group plc to bring its online grocery and automated home delivery solution to Australia

HWL Ebsworth has advised Coles Group Limited on an exclusive services agreement with Ocado Group plc to bring its leading online grocery platform, automated single pick fulfilment technology and home delivery solution to Australia before the end of the 2023 financial year. Under the agreement, Ocado will partner with Coles in Australia to launch an … Read more


HWL Ebsworth acts for Viridian Financial Services Group on its acquisition of part of Westpac’s personal advice business, BT Financial Advice

HWL Ebsworth recently acted for Viridian Financial Services Group (Viridian) in entering into a sale agreement to acquire part of Westpac Banking Group’s personal advice business, BT Financial Advice. The deal represents a significant expansion of Viridian’s financial planning business, with offers made to around 175 BT Financial Advice salaried advisers and other management and … Read more


HWLE gets to the nub of things in bolt-on acquisition

HWL Ebsworth has advised Coventry Group Ltd (ASX:CYG) on its $36 million 100% acquisition of Nubco. Founded in 1982, Nubco is the largest independent Tasmanian hardware and industrial supplier in the industrial segment with seven locations across the State. The acquisition was in part funded via a successful $27.6 million pro-rata accelerated non-renounceable entitlement offer, on … Read more


HWL Ebsworth acts for Coles Express on a new alliance partnership to position Coles as Australia’s leading convenience retailer

HWL Ebsworth has advised Coles Express on agreements to restructure the terms of its fuel and convenience alliance with Viva Energy Limited (Viva). Coles Express is one of Australia’s largest fuel and convenience retailers, with approximately 685 sites across Australia, employing more than 5,000 team members. The parties agreed to extend the alliance until 2029. … Read more


HWL Ebsworth acts for McWilliams Wines Group on recapitalisation transaction with Margaret River Wine Production and Laguna Bay

HWL Ebsworth has advised McWilliam’s Wines Group on its recapitalisation transaction with Margaret River Wine Production (MRWP) and agricultural fund manager, Laguna Bay. The recapitalisation transaction involved debt and equity investments by Laguna Bay into MRWP and the issue by McWilliams of convertible notes to MRWP. The funds will be used by McWilliams primarily for … Read more


HWL Ebsworth helps write the script for global athlete media merger

HWL Ebsworth has advised Unscriptd on its sale to The Players Tribune, Inc (TPT). The transaction completed on 30 November 2018 with Unscriptd receiving an undisclosed percentage of the share capital in TPT. Unscriptd is a leading global athlete media & technology business that was founded in 2014. Unscriptd enables athletes to be better publishers … Read more


HWL Ebsworth advises on the IPO of 1414 Degrees

HWL Ebsworth acted for 1414 Degrees Ltd (ASX:14D), on its $16.3 million IPO and ASX listing, with trading of 14D shares commencing on 12 September 2018. Adelaide-based 1414 Degrees owns a patented Thermal Energy Storage System that utilises temperatures of up to 1414ºC and the latent heat properties of silicon to store and recover heat and … Read more


HWL Ebsworth advising Hong Kong Consortium led by Mason Group to acquire IVF provider Genea Limited by scheme of arrangement

HWL Ebsworth is advising the consortium led by Hong Kong listed Mason Group Holdings Limited, together with strategic investors, Aldworth Equity Management Limited, WeDoctor Holdings Limited (WeDoctor) on the proposed acquisition of 89.5% of Australia’s leading IVF provider, Genea Limited (Genea). Genea is Australia’s third-largest reproductive services provider. WeDoctor (which is backed by technology giant Tencent) is … Read more