Minter Ellison acts as joint legal adviser to Lloyds in sale of Australian businesses
Lloyds Banking Group has agreed the sale of its Australian asset finance business, Capital Finance Australia, and its corporate loan portfolio, BOS International Australia, to Westpac Banking Corporation for approximately AUD1.55bn (£926bn) in total.
Minter Ellison and Allen & Overy acted as joint legal advisers to the Lloyds Banking Group in respect of the sale, which was a complex transaction run as a competitive bid process and required experience and knowledge not only of M&A but also of debt capital markets, securitisation, derivatives and regulatory matters.
Victoria Mathewson led the Minter Ellison team.
News from Minter Ellison
Briefings from Minter Ellison
Michael Hughes reports on the decision of Justice Davies in the Federal Court of Australia refusing ASIC’s application to remove liquidators appointed to two companies.
SAFE has announced reforms to its foreign exchange administration in order to make it easier for Chinese individuals and companies to invest abroad.