The following article is an in-depth analysis of the impact of the Royal Commission into Aged Care Quality and Safety on the profitability and value of privately-owned providers. On September 16, Prime Minister Scott Morrison announced that the government had decided to establish a Royal Commission into the residential aged care sector. T... Read More
The recent collapse into voluntary administration of one of Australia’s oldest engineering companies, RCR Tomlinson, left many high-profile investors and market observers perplexed and angry. These reactions were unsurprising given that the company’s demise occurred only two months after a successful $100.0m capital raising. Investors... Read More
In any merger & acquisition transaction, the prospective buyer is potentially exposing themselves to significant risks. If the target fails to perform as expected or yields unanticipated liabilities, the acquisition can do enormous financial and reputational damage. As a result, prior to completing any acquisition a prudent acquirer w... Read More