Good morning, The Chinese owner of Qenos has struck a deal to sell the Australian plastics maker to property developers, heightening fears the chemicals major is about to close up shop in another big blow to the local manufacturing sector. Meanwhile, staffing shortages, regulatory reform and a pipeline of ageing baby boomers has fuelled an uptick in healthcare M&A deals as private equity groups and industry players look to gain a greater share of the pie. The NSW government and former property developer Grocon have concluded their years-long court tussle over Central Barangaroo, with the peace deal between the two coming in at less than 10 per cent of the original compensation claim. And for those in the legal field, The Australian is launching a new, free newsletter Ipso Facto with scoops, analysis and comment each week. Sign up here. |