Deals & Departures

Threat to block PwC/PPB takeover overlooks obvious

Earlier this week it was reported that Clive Palmer was seeking to block the sale of PPB Advisory (PPBA) to PwC but our sources report that the initial application for interim freezing orders against PPBA founder Steve Parbery and partner Michael Owen was dismissed late last Friday afternoon and withdrawn before it was due to be heard yesterday. Overnight Palmer – believed to be holidaying in Europe – said…

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Consolidation: Jirsch and GM Advisory talk merger

Well we are in for a suspenseful weekend but SiN has it on exemplary authority that Jirsch Sutherland’s Brisbane office and Ginette Muller’s GM Advisory are on the cusp of merging. A source close to the talks said that barring any complications the deal is set to be inked on Monday, March 19. Assuming it proceeds Muller will very soon be reunited with her old underling from…