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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


Foreign Financial Service Providers – Extension of ASIC Licensing Relief and Consultation

The Australian Securities and Investment Commission (ASIC) has made seven class orders that conditionally exempted foreign financial service providers (FFSP) from the requirement to hold an AFS licence where they are regulated under overseas regulatory regimes that ASIC has assessed as sufficiently equivalent to the Australian financial services regimes (Sufficient equivalence relief). The relevant class … Read more


HWL Ebsworth advises Chow Tai Fook Enterprises and Far East Consortium on major placement

HWL Ebsworth has advised Hong Kong based companies Chow Tai Fook Enterprises Ltd (CTF) and Far East Consortium International Ltd (FEC) on their $490 million share subscription agreement and strategic alliance agreement with The Star Entertainment Group Limited (The Star). Under the subscription agreement, CTF and FEC each subscribed for 45.8 million shares in The … Read more


HWL Ebsworth advising AC3 on its $25 million acquisition of Bulletproof

HWL Ebsworth is advising cloud specialist, AC3, an Australian owned IT services company, on the buyout of listed company Bulletproof (ASX:BPF). The offer of 15.2 cents per share and is via Scheme of Arrangement, subject to Bulletproof shareholder and court approvals. AC3’s offer is 38 per cent higher than rival bidder Macquarie Cloud Services who … Read more


HWL Ebsworth hosts China asset manager delegation

HWL Ebsworth was recently pleased to host, with the Victorian Government and AUSTRADE, a delegation of asset managers from China, at the firm’s Melbourne offices. The delegates were part of a China Asset Management Mission to Australia organised by the Commonwealth Government, and included delegates from Kunpeng Capital, the China Venture Capital & Private Equity … Read more


HWL Ebsworth advises the South Australian Government on the Lands Services commercialisation

HWL Ebsworth is pleased to be advising the South Australian government as the external legal adviser on the commercialisation of its transactional land services. HWL Ebsworth has worked under the leadership of the Crown Solicitor’s Office Chief Commercial Counsel, Chris Gray, since being appointed in August 2016. On Thursday it was announced that Land Services … Read more


HWL Ebsworth Lawyers advises ResourceCo on clean energy funding

Leading national law firm HWL Ebsworth has assisted ResourceCo Pty Ltd in relation to its $30 million funding facility with the Clean Energy Finance Corporation to build two new plants to transform waste materials into solid fuel, known as Processed Engineered Fuel (PEF). The first plant will be built at Wetherill Park in Sydney and … Read more


HWL Ebsworth advises the Mantra Group Limited on its acquisition of the Art Series Hotel Group

HWL Ebsworth is advising Mantra Group Limited on its acquisition of the Art Series Hotel Group from the Deague Group for $52.5 million. Entry into binding agreements (subject to customary completion conditions) was announced yesterday. The transaction encompasses the acquisition of seven hotels in Melbourne, Brisbane and Adelaide under a combination of leasehold and management … Read more


HWL Ebsworth Lawyers continues to benefit from its unrelenting focus on staff development

Leading independent Australian law firm HWL Ebsworth Lawyers has announced its second tranche of internal promotions for 2017 with the appointment of a further four new partners and seven new special counsel. These latest appointments follow the internal promotion of eleven partners and ten special counsel in February this year. The newly appointed partners are: … Read more


HWL Ebsworth advises the South Australian government on the launch of the South Australian Venture Capital Fund

HWL Ebsworth is pleased to have advised the South Australian government on the exciting launch of the $50 million South Australian Venture Capital Fund, of which Blue Sky Venture Capital was recently announced as the manager. Please click here for the South Australian government’s news release and further details. Note to editors: HWL Ebsworth is … Read more


HWL Ebsworth advises Eagle Health on IPO

HWL Ebsworth has advised Eagle Health Holdings Limited (ASX:EHH) on its initial public offering and listing on the Australian Securities Exchange (ASX), raising a total of $25 million. Shares in EHH began trading on 3 July 2017 under the ASX code EHH. At listing EHH had a market capitalisation of $125 million based on its … Read more


HWL Ebsworth advises G-LINK International on SSX listing

HWL Ebsworth has advised G-LINK International Limited (SSX:899) on its compliance listing on the Sydney Stock Exchange (SSX). Shares in G-LINK began trading on 26 June 2017 under the SSX code 899. Melbourne-based corporate lawyers Thomas Kim (Partner) and David Woodford (Special Counsel) led the capital markets transaction, supported by Liselle Fernandes (Associate) and Kenneth … Read more


HWL Ebsworth Lawyers continues unparalleled growth through internal promotions

Leading independent Australian law firm HWL Ebsworth Lawyers has announced the internal promotion of 11 partners and 10 special counsel. The following new partners work across various areas of the firm, including Construction & Infrastructure, Commercial, Insurance, Litigation, Property and Workplace Relations & Safety: Andrew Allan – Insurance (Canberra office) Brad Swebeck – Workplace Relations & … Read more