As the economy of Papua New Guinea strengthens, businesses are looking to grow, and merger and acquisition activity is on the rise. In the resources sector alone, fluctuating commodity prices have companies with strong balance sheets ready to take advantage of opportunities.

Partner with an M&A team that has advised on some of the country’s most significant deals in banking, oil and gas and agriculture.

Look to us for advice on:

• Takeovers and schemes of arrangement
• Private treaty acquisitions and disposals
• Management buyouts, spinoffs/de-mergers
• Parallel IPO/trade sale processes
• Back-door listings

Benefit from our knowledge of the market, its regulators and our connections, both locally and throughout the Asia Pacific region. Our team has been on the ground in PNG for more than four decades.

Multinational clients can be assured of seamless service delivery, as we have the backing of mergers and acquisitions lawyers in Dentons offices around the world.

For a team that knows the market, its participants and when a deal can be done, call on us.

Insights

PNGs new Takeover and Mergers Code

September 18, 2023

Australia: After years of uncertainty arising from having no Takeovers Code (Code) in place since the former Takeovers Code was repealed in 2017, on 22 June 2023, a new Takeover and Mergers Code was stated to have been prescribed for the purposes of section 277(1) of the Capital Market Act 2015 (Act).

Merger Control in PNG: New Mandatory Notification Requirements

August 2, 2018

PNG has introduced new merger control rules.  PNG’s competition regulator, the Independent Consumer and Competition Commission (ICCC), must now be notified of a merger or acquisition, in advance, if certain thresholds are met.

This is a significant change to the former voluntary notification regime. 

News and Events

Recent Press Releases

Dentons advises Kina on its funding to facilitate WLTH’s acquisition of mortgage manager, Mortgage Mart of Australia

December 7, 2023

Dentons, the world's largest global firm, is pleased to announce its role in advising Papua New Guinea (PNG) headquartered Kina Securities Limited (Kina) on its funding for WLTH, a leading fintech based in Brisbane. The funding facilitated WLTH's acquisition of Mortgage Mart of Australia. Kina is a diversified financial services provider in PNG which operates under a number of divisions, one of which include Kina Bank.

Dentons acts as Papua New Guinea counsel to Newmont on its AU$26 billion acquisition of Newcrest

November 15, 2023

Dentons has advised Newmont Corporation (Newmont) on the Papua New Guinean aspects of its AU$26 billion acquisition of 100% of the issued shares in Newcrest Mining Limited. The acquisition was successfully implemented on 6 November 2023, through an Australian scheme of arrangement.