Kin Group Pty Ltd made an offer to acquire Pact Group Holdings Ltd from Investors Mutual Limited and others for approximately AUD 120 million on September 13, 2023. Macquarie Capital is acting as financial adviser and Ashurst is acting as legal adviser to Kin Group. Rodd Levy of Herbert Smith Freehills acted as legal advisor to Pact Group Holdings Ltd.

Kin Group Pty Ltd cancelled the acquisition of Pact Group Holdings Ltd from Investors Mutual Limited and others on October 13, 2023.