Corporate - Australia

International correspondent

Deal analysis

• SAB/Foster’s merger uses scheme, equity swaps

  21 September 2011

  SABMiller’s A$9.9 billion ($10.2 billion) recommended cash offer for Australian liquor company Foster’s Group is structured through a scheme of arrangement and utilises cash-settled equity swaps, it has been announced

News analysis

• Australia calls for change to international insolvency law

  08 September 2011

  Australia’s lawyers are calling for the United Nations Commission on International Trade (Uncitral) to broaden the scope of the Cross-Border Insolvency Act 2008 (CBIA) to include multinational corporate groups and their subsidiaries

• Exclusive: Australia to introduce intercreditor framework

  31 August 2011

  Australia will introduce a framework of key intercreditor principles that will change the leveraged finance market forever, IFLR can reveal