Latest Mergers And Acquisitions News

Constellation Energy delivered a sharp rise in third-quarter earnings and raised its full-year outlook, backed by stronger market conditions and the contribution from Calpine. The company also lined up new nuclear investment, customer contracts and a potential US$5 billion government-backed financing facility.

Ferguson has raised its 2026 sales and adjusted margin guidance after a strong third quarter, with acquisitions helping offset soft residential markets. The upgrade comes alongside higher debt, paused buybacks and a 40-basis-point decline in gross margin.

SBA Communications has secured a US$2.0 billion term loan facility, using the funded portion to repay a 2021 tower securities issue while retaining US$835 million of borrowing capacity. The refinancing gives the tower owner a new three-year debt structure, but leaves interest costs dependent on credit ratings and benchmark rates.

Charles River Laboratories will pay about US$470 million in cash for Frontage’s bioanalysis and DMPK operations in Pennsylvania, with a further US$75 million tied to performance. The proposed acquisition expands Charles River’s clinical testing capabilities but will initially be neutral to non-GAAP earnings per share.

Waratah Minerals is reshaping its leadership team after establishing a 3.1Moz maiden resource at the Spur Gold Project. The company is retaining its exploration chief while adding executive, financial and governance capacity for a more demanding resource-growth phase.

Forrestania Resources now has a 63.10% relevant interest in Zenith Minerals, with the unconditional takeover offer due to close on 12 November unless automatically extended. Three existing directors will resign the following day as Forrestania nominees prepare to take control of the board.

Hammer Metals shareholders have delivered near-unanimous approval for Austral Resources Australia’s proposed takeover and the separation of its Western Australian gold assets. The transactions still require Federal Court approval and satisfaction of remaining conditions before completion.

Goodman Group and Digital Realty have acquired 75.2 million NEXTDC shares for a 9.9% stake, creating a powerful new shareholder bloc in Australia’s data-centre sector. The pair say they have no present takeover intention, but have explicitly kept that option available if circumstances change.

Codan will acquire US mission-critical recording specialist Eventide Communications for about A$244 million, adding evidence capture and AI analytics to Zetron’s command-and-control software. The deal is expected to be mid-single-digit EPS accretive in its first full year, including synergies, but will also add debt and integration costs.

Gorilla Gold has reported a fresh set of high-grade intersections at Sovereign, including 9 metres at 7.9g/t gold, while drilling at Happy Jack confirmed a shallow lateritic zone above bedrock mineralisation. The results feed into planned 2026 resource updates across the company’s Western Australian projects, although true widths and economic significance remain unestablished.

FireFly Metals has extended high-grade copper-gold mineralisation laterally and closer to surface at its Green Bay project in Canada, with results feeding into a revised resource estimate and feasibility study. The strongest intersections include 16.4 metres at 9.2% CuEq and 15.5 metres at 12.4% CuEq.

Myer Holdings crossed the $4 billion sales mark in FY26, but a tougher consumer environment, weaker underlying earnings and $279.6 million of post-tax impairments pushed the department store operator to a $276.5 million statutory loss. The group enters FY27 with $100.1 million of net cash, no final dividend and a large execution burden.