Financial Services AU

  • February 24, 2026

    Zurich Insurance To Buy Australia's ClearView For $293M

    Australian life insurer ClearView Wealth Ltd. said Tuesday that it has agreed to be bought by Europe's Zurich Insurance Group Ltd. for 415 million Australian dollars ($293 million) in a deal that will consolidate the domestic sector.

  • February 20, 2026

    HSF Kramer-Led Swiss Re To Buy QBE Business Segment

    Swiss Re Group said Friday its commercial insurance division has agreed to acquire the global trade credit and surety business of Australia's QBE Insurance Group, to satisfy growing demand for its risk management services.

  • February 18, 2026

    BlueScope Gets $11B 'Final' Bid From SGH, Steel Dynamics

    Australia's BlueScope Steel Ltd. said Wednesday it is reviewing a revised, unsolicited buyout bid from SGH Ltd. and Steel Dynamics Inc. worth $11 billion. 

  • December 23, 2025

    Partnership Targets $9.4B Data Center Spend In Europe

    The Canada Pension Plan Investment Board and Australia-based infrastructure firm Goodman Group said they have struck a deal to develop data centers in Europe, beginning with a $2.6 billion plan to build projects in Amsterdam, Paris and Frankfurt.

  • December 12, 2025

    Reddit Fights Australia's Social Media Ban For Kids Under 16

    Global online discussion forum Reddit on Thursday launched a legal challenge to Australia's first-of-its-kind law prohibiting children under 16 from creating accounts on nearly a dozen popular social media platforms, telling the country's top court that the measure illegally restrains minors' political communications and that there are "less restrictive" ways to protect kids online.

  • December 11, 2025

    Sembcorp Entering Australia With $4.3B Alinta Energy Deal

    Singapore's Sembcorp Industries said Thursday it has agreed to acquire Alinta Energy, marking the company's entry into the Australian power market, through a deal valued at AU$6.5 billion, or about $4.3 billion, including debt. 

  • December 10, 2025

    Ventilation Biz Volution To Acquire Aussie Rival For $119M

    British ventilation business Volution Group PLC said Wednesday that it has agreed to acquire Australia-based underground ventilation specialist AC Industries for up to AU$178.9 million ($119 million).

  • December 09, 2025

    King & Wood Mallesons To Break Up 14 Years After Merger

    King & Wood Mallesons' partnerships in China and Australia said Tuesday that they are separating, after operating under the same banner for more than a decade.

  • June 24, 2025

    Australian Legal AI Co. Mary Technology Raises $1.7M

    Sydney-based Mary Technology, a company that provides artificial intelligence-powered legal document management software, recently wrapped up a AU$2.7 million ($1.7 million) round of pre-seed funding, following an extension backed entirely by existing investors, the startup's chief executive has announced.

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