find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Allion acts on major merger

Allion acts on major merger

Perilya's major shareholder has acquired all the remaining shares in the mining company.

Firms:  Allion Legal (Perilya in Australia); AnJie Law Firm (Chinese counsel for Perilya)

Deal: Zhongjin Lingnan will acquire all the shares in Perilya that it does not already own by way of a binding Scheme Implementation

Area:  M&A

Value: $128.3 million

.Key players: Principal Phil Lucas (pictured) and senior associate Michael Jools

Deal significance: The agreement proposes that Hong Kong-based Zhongjin Lingnan acquire all outstanding shares in Perilya that it does not already own by way of a court-approved Scheme of Arrangement. “This is a major milestone in the history of Perilya and we are delighted to have been involved in this transaction during difficult global times,” said Allion Legal’s Phil Lucas. The investment by Zhongjin Lingnan will allow Perilya to continue to support its Australian and Dominican Republic operations and development projects, and its capital expenditure programs; it will also provide Perilya access to Chinese markets.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Allion acts on major merger
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
protest
06:05
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Blocked
06:04
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
Warning
06:03
Lawyers warn against mandatory sentencing measures amid political jeers
Mandatory sentencing has become a topic for politicians on both sides of Federal Parliament to jostl...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...