Magellan's bid for remaining shares of Barrenjoey under Australian review
( May 20, 2026, 02:39 GMT | Official Statement) -- MLex Summary: Magellan Financial Group's proposal to wholly acquire Barrenjoey Capital Partners is under review by Australia's competition watchdog. In a Tuesday statement, the Australian Competition & Consumer Commission said Magellan — an Australian financial services group that focus on investment management and specialist financial services — wants to acquire the remaining shares of Barrenjoey, an Australian-headquartered financial services firm focused on mergers and acquisitions advisory services and trading and research in equities and fixed income, in exchange for equity in Magellan. Deadline for submissions is May 27.Statement follows. Questionnaire attached. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.