Brendan Groves
Clayton Utz
Partner
Melbourne
He is excellent at being responsive and adaptable to changing circumstances on transactions. He is always commercial and practical with his advice.
Chambers Asia Pacific
Overview
As a corporate law specialist with over 25 years' experience, advises listed and unlisted clients on major transactions and corporate regulations, Brendan brings vast expertise in equity capital markets, representing issuers, underwriters, and stakeholders. His M&A proficiency covers both public and private deals, representing bidders and targets. Deepening his knowledge, Brendan served an eight-month secondment as general counsel to a top investment bank's equity capital markets group in 2007.
Notable Work
- IPOs and ASX listings: advised issuing companies including for Openpay, Murray River Organics, Touchcorp, Huon Aquaculture, Godfreys, Tatts Group and Kathmandu, and on secondary raisings for Myer, Orion Minerals, Skilled Group, Toll Holdings, Oxiana, among others.
- Capital raisings: acted for investment banks and brokers, including IPOs of Qualitas, Redbubble, Myer, Japara Healthcare, Regis Healthcare and carsales.com, and secondary raisings by Macquarie Group, JB HiFi, Kelsian, Metcash, Estia Health, Lihir Gold, among others.
- Blackstone Group: advised on the IPO aspects of the dual track disposal (simultaneous IPO and trade sale auction) of its Australian logistics portfolio, "Milestone", comprising 45 industrial logistics facilities across Australia, and an internal management platform. This transaction was ultimately executed as a A$3.8 billion trade sale to ESR Partnership.
- GFG Alliance: advised on the $700 million acquisition of Arrium Australia from administration, leading to ongoing advice for GFG Alliance, including InfraBuild's $300 million high yield bond offering.
- Interactive: advised this Australian end-to-end IT services provider on its acquisition of Slipstream Cyber Security.
- New Era Technology: advised this global managed services and technology solutions provider on its acquisitions of 4Logic, CrossPoint Technology Solutions, OAS Computers and Vintek.
- Myer: acted on its acquisition of Sass & Bide and related shareholder arrangements, and of fashion brands Wayne Cooper, Bauhaus and Trent Nathan.
- Major public M&A transactions: acted for Tatts Group on its merger with UNiTAB valued at $3.8 billion, and Oxiana on its $12 billion merger with Zinifex to create Oz Minerals.
- Corporate structuring, equity funding arrangements and FIRB approval requirements: advising numerous major infrastructure PPP projects, including North East Link, Footscray Hospital, High Capacity Rolling Stock, Victorian Comprehensive Cancer Centre, Westadium (New Perth Stadium), Victorian Desalination Plant.
- Centro Retail: advised on the $5.374 billion restructure and aggregation, one of Australia's most complex restructures.
Insights
Australian Government responds to independent review of continuous disclosure laws by adopting its recommendations
20 Aug 2024 | Article
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ASIC changes to the new employee share scheme regime for listed entities
7 Feb 2023 | Article
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ASIC changes to the new employee share scheme regime for unlisted entities
7 Feb 2023 | Article
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Directors granted leeway to apply for Director ID by 14 December 2022
2 Dec 2022 | Article
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FIRB application fees will double from 29 July: what you need to know
25 Jul 2022 | Article
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Equity incentives for employees: new Corporation Act rules for listed entities
14 Apr 2022 | Article
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Unlisted entities and equity incentives for employees – rule changes from 1 October 2022
14 Apr 2022 | Article
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The first appeals decision on a judgment in a shareholder class action and a win (of sorts) for plaintiffs
31 Mar 2022 | Article
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Australia's third judgment for a shareholder class action gives another win to listed entities
3 Mar 2022 | Article
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Long-awaited certainty as Parliament permits virtual general meetings
16 Aug 2021 | Article
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Significant reforms to the Australian continuous disclosure regime are now law: A guide for listed entities and their officers
16 Aug 2021 | Article
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ASIC's no-action position provides temporary flexibility to hold virtual meetings
1 Apr 2021 | Article
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Media Release: Clayton Utz team advises Plenary on $1.5 billion New Footscray Hospital Project
29 Mar 2021 | Media Release
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Temporary COVID-19 relief for virtual shareholder meetings and continuous disclosure has now lapsed
23 Mar 2021 | Article
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Significant proposed changes to the Corporations Act for continuous disclosure, AGMs and e-signing
22 Feb 2021 | Article
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Significant Australian foreign investment reforms commencing 1 January 2021
11 Dec 2020 | Article
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The Federal Court confirms some important points for directors and companies' continuous disclosure obligations
29 Oct 2020 | Article
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NSW launches remote witnessing pilot scheme; Treasurer remakes e-signing arrangements for companies
29 Sep 2020 | Article
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COVID-19 temporary changes to continuous disclosure provisions for listed entities
27 May 2020 | Article
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Company directors and secretaries allowed to sign documents electronically, and clarity on company meetings, in new COVID-19 measures
6 May 2020 | Article
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ASX and ASIC COVID-19 capital raising and other measures to provide temporary relief for ASX-listed entities
1 Apr 2020 | Article
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Changes to foreign investment review in Australia under temporary COVID-19 measures
30 Mar 2020 | Article
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ASX updates its continuous disclosure guidance after Australia's first judgment for a shareholder class action
6 Mar 2020 | Article
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Sweeping Victorian stamp duty changes will affect corporate restructures, property developments and foreign investment
7 Jun 2019 | Article
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Victorian Budget 2019-20 – significant changes impending for corporate restructures in Victoria
28 May 2019 | Article
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ASX Corporate Governance Principles give a clearer framework for corporate Australia – and some work to do
27 Feb 2019 | Article
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"Artificial price" in market manipulation ‒ different tests for different products?
3 Aug 2018 | Article
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ASIC releases new guidance on the provision of sell-side research
1 Mar 2018 | Article
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Clayton Utz acts for GFG Alliance in successful bid to acquire Arrium
7 Jul 2017 | Media Release
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Clayton Utz lawyers among Australia's best, say industry peers
7 Apr 2017 | Media Release
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