Morningstar data breach reveals KPMG deal maker lists – The Australian Financial Review

That included one alert created this month called Venice Panther, which had listed as recipients several KPMG staff involved in mergers and acquisitions. That included Sam McClure, a partner in KPMG Australias deal advisory services group. The four companies in that alert were residential aged care outfit Japara Healthcare, which has KPMG as an auditor;…

Sanjeev Gupta’s GFG puts Australian businesses at core of restructure – The Australian Financial Review

The statement again confirmed that GFG Alliance had reached a formal standstill agreement with Credit Suisse Asset Management over LPMA debts related to Greensill bonds, which will enable the business to complete full refinancing. And it confirmed that the deal with US private equity firm White Oak Global Advisers to refinance LPMA which includes the…

AGL to split from coal plants in demerger – The Australian Financial Review

The clarity of purpose created by this change will protect shareholder value, enabling each business to focus on their respective strategic opportunities and challenges presented by the accelerating energy transition. Shareholders will get one share of each new business for each AGL share they currently hold. The demerger plan, first flagged by then-CEO Brett Redman…

Swissport chief Warwick Brady outlines ambitions for restructured handling giant – Flightglobal

Few leadership manuals cover the task of taking charge of a global business at the bottom of a cycle during a pandemic that has devastated core markets. In that environment, even basic logistics are challenging in a way that would have been unimaginable in pre-crisis times. For recently appointed Swissport International chief executive Warwick Brady,…