Allens

Thank you to the clients who joined us at Sculpture by the Sea, Bondi for a twilight tour last week! We're proud to again be a major partner of the event, with the Allens People's Choice Award to be given for the 22nd time in 2024. Sculpture by the Sea, Bondi is the largest annual sculpture exhibition in the world, with more than 100 sculptures from Australian and international artists transforming the 2km Bondi to Tamarama coastal walk into a unique sculpture park. Find out more about the Allens People's Choice Award: https://lnkd.in/gSx_ce2y

'Data centre sales have dominated the M&A landscape in recent months as part of a broader surge of capital into Australian digital infrastructure assets.' We advised Global Switch on the $2.12 billion sale of its Australian data centre operations. Read more: https://lnkd.in/gM-bMYT5

Takeovers are set to become more challenging under Australia's proposed new merger laws, which will have significant implications for tactics, timelines and bidder strategies. Partner Guy Alexander spoke with The Australian Financial Review Anthony Macdonald about the potential impacts on hostile takeovers and why we should be paying attention. Read the AFR article: https://lnkd.in/gJA-2_Pb and our client insight: https://lnkd.in/gekt-RRh

We had a wonderful time last week at Out Leadership's 2024 Australia Summit OutWOMEN+ Breakfast, which we were proud to sponsor. We heard from speakers Jones Jones (The Aurora Group - A Ruby Foundation Ltd), Sheetal Deo (Shakti Legal Solutions), Jackie Turner (Trans Justice Project LTD.) and our own Chief People Officer Sam Turner, who shared their views on the importance of allyship and visibility, intersectional approaches to advocacy and innovation in data collection and self-ID. Find out more about OutWOMEN+: https://lnkd.in/geHJWrqV

We had the enormous privilege of hearing from the star and writer of Sydney Theatre Company's smash hit production RBG: Of Many, One, Heather Mitchell and Suzie Miller, at a dinner last week for our clients. We are honoured to have been national presenting partner for the production this year, which will return in 2025 by popular demand. Find out more about RBG: Of Many, One: https://lnkd.in/gVu7X-8n Images: Teniola Komolafe

'There remains strong private capital appetite for quality social infrastructure and commercial development projects.' In the latest in a succession of major social and commercial infrastructure projects, we advised Multiplex as Managing Contractor for the Victorian Health Building Authority's Parkville Precinct Redevelopment - Materials Handling Building Project. Read more: https://lnkd.in/gpNQHJyg

'This is yet another example of Australia's growing attractiveness as an investment destination among Asia-Pacific banks and private credit funds.' We advised Spark Infrastructure on a $1.8 billion refinancing along with new hedging strategies related to the expanded debt facility. Read more: https://lnkd.in/guD6cvMP

Thank you to all the inspiring women who joined our renewables event in Sydney! Creating signature perfumes while networking with industry leaders made for a wonderful night. 

'Telecommunications infrastructure continues to be a highly attractive asset class for financial investors. The pace of digitisation, and the continued growth in requirements for data transmission and storage, means that the physical infrastructure underpinning that trend is highly valued.' We advised TPG Telecom on a $5.25 billion agreement to sell its fibre network infrastructure and its enterprise, government and wholesale fixed line business to Vocus Group Limited. Read more: https://lnkd.in/gFcxtHrJ

'With the growing global demand for sustainable energy solutions, we anticipate sustained interest in lithium assets as mining companies continue to evolve and innovate to meet these critical needs.' We advised Rio Tinto on the Australian aspects of its acquisition of Arcadium Lithium. Read more: https://lnkd.in/gzBr-UsY