find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Senior Government Lawyer
Category: Other | Location: Canberra ACT 2600
· FINANCE LEGAL AND GOVERNANCE GROUP | CANBERRA, ACT · EXECUTIVE LEVEL 1 (ONGOING)
View details
Deals 17 December 2004

Deals 17 December 2004

Deacons recently completed the raising of $51 million by IBT Education Limited (IBT), WA’s biggest float since Multiplex and believed to be the first such offering in the private education…

Deacons recently completed the raising of $51 million by IBT Education Limited (IBT), WA’s biggest float since Multiplex and believed to be the first such offering in the private education sector. With a market capitalisation of $346.5 million at the offer price, IBT is an ASX Top 200 company. Established in Perth in 1994, the IBT Group has grown over the past 10 years to provide “pathway programs” with associated universities in Sydney, Melbourne, Brisbane and Adelaide, and internationally in the UK and Africa. The Deacons team in Perth, led by partners Derek La Ferla and Shaun McRobert has also completed a number of other capital raisings for more than $30 million in the last month.

Allens Arthur Robinson acted for the ANZ Banking Group in a joint venture with the Royal Group of Companies (Cambodia) to establish a bank in Cambodia. To be known as the ANZ Royal Bank Cambodia, Allens said the joint venture represents a significant investment in Cambodia’s fledgling banking industry and is an important step in the country’s continuing economic development.

ANZ will own 55 per cent of the new bank. The shareholders agreement between ANZ and the Royal Group of Companies (Cambodia) was signed on 1 November but the joint venture still requires regulatory approval from Cambodia’s central bank. The group plans to open the new bank next year.

Allens provided both legal and strategic advice to ANZ, with a team of lawyers from the law firm’s offices in Singapore, Cambodia and Australia working together on the deal. Singapore-based partner Gavin MacLaren led the team that advised ANZ.

Clayton Utz is acting for Tattersall’s, the Australian and international gaming group, on its proposed IPO and listing on the Australian Stock Exchange. Tattersall’s is said to be Australia’s largest private company and analysts have reported the group’s value at up to $2 billion.

Gadens Lawyers is acting in the setting up of the first oil refinery in PNG by InterOil. Managing partner Michael Bradley said Gadens had helped negotiate supply agreements and a range of government approvals and was involved in procuring financing from the US.

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

Deals 17 December 2004
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice, Victorian County Court, retiring judges
Aug 21 2017
Replacements named for retired Vic judges
Two new judicial officers have been appointed in the Victorian County Court, following the retire...
Applauds
Aug 21 2017
LCA applauds proposed Modern Slavery Act
The Law Council of Australia has welcomed new recommendations for the development of a Modern Slaver...
Mentoring
Aug 21 2017
Top-tier offers targeted mentoring for Indigenous law students
Students at Macquarie University will be the first to benefit from a new Indigenous mentoring progra...
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 & ...