Quadrant scores 8x return as Singtel's NCS buys Arq for $290m
PE fund Quadrant has made an 8x return on its 2020 acquisition of Arq Group, after Singtel’s NCS acquired the company for $290 million.
Source: afr.com
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What the M&A market looked like in 2021
Despite COVID-19 disruptions, closed borders, supply chain challenges, climate change concerns and a spotlight on ESG, Australia’s public M&A space reportedly had a “landmark” year while the global stage struggled with antitrust intervention and multiple jurisdictional calls for tougher merger laws, two major firms have found.
Source: lawyersweekly.com.au
John Durie: A win for small business as government prepares to finally outlaw unfair contracts
Big businesses will face penalties for the first time under new unfair contract laws expected to soon be unveiled by the federal government.
Source: smartcompany.com.au
No pressure: law firms only 'encourage' return to office
Despite state governments dropping “work from home if you can” edicts, many law firms are giving staff the option to decide how and where they work best.
Source: afr.com
The Cheesecake Shop bought by Aussie investment firm River Capital
River Capital is set to acquire The Cheesecake Shop Group for an undisclosed amount from existing owners PAG Asia Capital.
Source: smartcompany.com.au