🔥 Friday 21 November 2025 Fri, 21 Nov 2025
51 Big Stories
Infomedia Suspended as TPG-Backed Bid Wins Court Approval
Infomedia Ltd shares will halt trading following the Supreme Court of NSW's approval of a takeover scheme by a TPG Capital-backed entity. This marks a pivotal moment for the software company as it transitions to private ownership.
21 Nov
Sophie Babbage
FIRB Blocks Cosette’s Bid for Mayne Pharma, Scheme Faces Collapse
The Foreign Investment Review Board has formally objected to Cosette Pharmaceuticals’ proposed acquisition of Mayne Pharma, casting serious doubt on the deal’s future and prompting Mayne to explore alternative paths.
21 Nov
Victor Sage
Rox Resources Raises $66M in Tranche 1 Placement Ahead of $134M Shareholder Vote
Rox Resources has successfully completed the first tranche of a $200 million capital raise, issuing 188.7 million shares at 35 cents each. The second tranche, worth $134 million, awaits shareholder approval in December.
21 Nov
Maxwell Dee
Verbrec Boosts Margins, Acquires Alliance Automation, and Reboots Dividends
Verbrec Limited reported record FY2025 financial results with its highest gross and adjusted EBITDA margins in years, alongside strategic moves including the acquisition of Alliance Automation and divestment of its Competency Training business.
21 Nov
Victor Sage
Verbrec’s $60M Alliance Automation Deal Signals Digital Leap
Verbrec Limited has announced a transformative acquisition of Alliance Automation, adding over $60 million in annual revenue and significantly boosting its digital and automation capabilities across Australia and New Zealand.
21 Nov
Victor Sage
Verbrec Resumes Dividends, Acquires Alliance Automation, and Strengthens Balance Sheet
Verbrec Limited has reported a strong FY2025 with record margins and resumed dividend payments after more than a decade, alongside strategic moves including a key acquisition and divestment.
21 Nov
Victor Sage
Infomedia Acquisition Finalised, Trading Suspended, Dividends and Payments Set
Infomedia Ltd’s acquisition by McQueen BidCo, backed by TPG Capital, has been legally approved, triggering trading suspension and scheduled shareholder payments.
21 Nov
Sophie Babbage
Aurumin Schemes Effective, Brightstar Acquisition Set to Reshape Shareholding
Aurumin Limited’s acquisition by Brightstar Resources has been legally approved, triggering a share exchange and imminent delisting from the ASX.
21 Nov
Maxwell Dee
Lumos Clinches Full Medicare Reimbursement for FebriDx Across All US Regions
Lumos Diagnostics has achieved a major milestone by securing 100% Medicare reimbursement recognition for its FebriDx test across all seven US Medicare Administrative Contractors, paving the way for broader adoption in the American healthcare system.
21 Nov
Ada Torres
Lynch Group Shareholders Back $ Scheme Acquisition Nearly Unanimously
Lynch Group shareholders have overwhelmingly approved the proposed acquisition by Darwin Aus Bidco, clearing a major hurdle ahead of final court approval and trading suspension.
21 Nov
Victor Sage
Moody’s Elevates Bendigo and Adelaide Bank’s Credit Rating to A3
Moody’s has upgraded Bendigo and Adelaide Bank’s long-term credit rating to A3, citing strong asset quality and liquidity. The outlook shifts to stable, reflecting confidence tempered with caution.
21 Nov
Victor Sage
Genesis Minerals Advances Tower Hill with Key Rail Agreements
Genesis Minerals has secured crucial rail agreements that clear the path for developing the Tower Hill open pit gold mine and expanding the Leonora mill, targeting first ore in FY28.
21 Nov
Maxwell Dee
Adore Beauty Posts Record FY25 Profits, Accelerates Omni-Channel Expansion
Adore Beauty Group has reported record profitability for FY25, driven by improved revenue quality, operational efficiencies, and rapid retail expansion. The company’s omni-channel strategy is gaining momentum with strong customer growth and a new fulfillment center planned for FY27.
21 Nov
Logan Eniac
Cobalt Blue Boosts Kwinana Refinery Value Amid Soaring Cobalt Prices
Cobalt Blue Holdings has significantly upgraded the economics of its Kwinana Cobalt Refinery project, driven by a sharp rebound in cobalt prices following market disruptions in the Democratic Republic of Congo. The company is advancing towards a Final Investment Decision with key permits and supply agreements in place.
21 Nov
Maxwell Dee
Elevra Lithium Sets Record Production, Expands Resources, Eyes Major Growth
Elevra Lithium reports a 31% surge in spodumene concentrate production for FY25, alongside significant resource expansions and a clear growth roadmap post-merger.
21 Nov
Maxwell Dee
NSW Court Greenlights TPG-Backed Infomedia Takeover with Special Dividend
The Supreme Court of New South Wales has approved the acquisition of Infomedia Ltd by a TPG-managed entity, setting a clear path for the scheme’s implementation and a special dividend payout.
21 Nov
Sophie Babbage
Anson Secures A$14m to Accelerate Green River Lithium and Yellow Cat Uranium Projects
Anson Resources has raised A$14 million through a well-supported placement to advance its lithium and uranium projects in Utah, signaling strong investor confidence in its development strategy.
21 Nov
Maxwell Dee
Infragreen Surpasses FY25 Targets, Eyes $25M EBITDA in FY26
Infragreen Group Limited has reported a strong FY25 performance, exceeding prospectus forecasts with $18.6 million in pro forma EBITDA and a successful $40 million IPO. The company projects robust growth in FY26, driven by organic expansion and strategic acquisitions in sustainable infrastructure.
21 Nov
Nora Hopper
Mt Malcolm Mines Raises $3.08M to Accelerate Gold Exploration at Malcolm Project
Mt Malcolm Mines has successfully closed an oversubscribed $2.3 million rights issue and secured an additional $750,000 placement, positioning the company to fast-track exploration and development at its Malcolm Gold Project.
21 Nov
Maxwell Dee
The Star Clears Regulatory Hurdle for $300M Bally’s Investment
The Star Entertainment Group has secured crucial regulatory approvals to convert a $300 million strategic investment by Bally’s Corporation and Investment Holdings into equity, setting the stage for board changes and a path toward financial recovery.
21 Nov
Victor Sage
Webjet Eyes New Takeover Bid as BGH Raises Offer to A$0.91 Per Share
Webjet Group has received a revised non-binding takeover offer from BGH Capital at A$0.91 per share, up from a previous A$0.80 bid, signaling renewed acquisition interest amid ongoing negotiations.
21 Nov
Victor Sage
Black Bear Minerals Secures $150M Shafter Silver Project Amid US Supply Crunch
Black Bear Minerals has completed the acquisition of the high-grade Shafter Silver Project in Texas, including $150 million in existing infrastructure, positioning itself strategically amid rising silver demand and geopolitical supply shifts.
21 Nov
Maxwell Dee
VHM Secures A$11.3m to Advance Goschen Rare Earths Project with Government Backing
VHM Limited launches a fully underwritten A$10.3 million placement and a $1 million share purchase plan to fund the Goschen rare earths project, supported by strategic government financing.
21 Nov
Maxwell Dee
VHM Secures A$10.3m Placement to Propel Goschen Project Toward FID
VHM Limited has launched a fully-underwritten A$10.3 million placement alongside a A$1 million Share Purchase Plan to advance its Goschen Rare Earths and Mineral Sands Project toward a Final Investment Decision in early 2026.
21 Nov
Maxwell Dee