Breakfast Deals: Dexus defensive

Dexus Property holds firm in the face of Commonwealth Bank's lawsuit, while Perpetual faces regulatory concerns over its Trust Company bid.

Commonwealth Bank of Australia has lawyered up against Dexus Funds Management over the disclosure documents pertaining to a stake in Commonwealth Property Office Fund. Dexus doesn’t believe it’s in the wrong. Meanwhile, the consumer watchdog looms as an obstacle between Perpetual and The Trust Company, Amcor is demerging to the jubilant celebrations of many an investment banker and APA Group might have to throw in some cash for Envestra.

Commonwealth Bank of Australia, Dexus Property Group

Commonwealth Bank of Australia has gotten off to a rocky start in its effort to untangle itself from its listed property management businesses.


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