Latest Mergers And Acquisitions News

DXN Limited reported a modest 2% revenue increase to $2.5 million in Q3 FY25, launched its Data Centre as a Service division with a $3.6 million initial contract, and progressed a key acquisition valued at $10 million, positioning itself for growth despite some project delays.

FirstWave Cloud Technology reported a mixed Q3 FY25 with declining cash reserves and ARR but secured a strategic AWS-funded partnership to accelerate cloud service adoption.

Fenix Resources’ off-market takeover offer for CZR Resources has officially lapsed after failing to meet the 75% minimum acceptance threshold, leaving CZR shareholders in control of their stakes.

Carnegie Clean Energy has advanced its ACHIEVE Programme with a key contract for CETO deployment at the Basque Marine Energy Platform, securing milestone payments exceeding €1.5 million and launching a new Investor Hub to enhance shareholder engagement.

MedAdvisor Limited reports a steep decline in 3Q FY25 revenue, driven by US market challenges, while accelerating cost-cutting and reaffirming full-year guidance.

QPM Energy reports a substantial 61% upgrade in Moranbah Gas Project reserves to 435PJ, successfully integrates Moranbah Power Station operations, and begins overhaul of Townsville Power Station, navigating weather disruptions and contract renewals.

Linius Technologies embarks on a strategic transformation under CEO Ben Taverner, focusing on operational restructuring, AI-enhanced SaaS products, and market expansion beyond sports to achieve breakeven by June 2026.

Novonix Limited advances its synthetic graphite production with Riverside commissioning and a new Chattanooga plant site, while winning a preliminary US trade case against Chinese imports and appointing Michael O’Kronley as CEO.

ABx Group Limited reports significant progress in rare earths exploration in Tasmania, ALCORE fluorine recycling pilot plant development, and bauxite project advancements, positioning itself amid tightening global supply chains.

Hawk Resources has identified eight promising copper-gold targets at its Cactus project in Utah, supported by geophysical data and soil assays, while advancing its exploration funding and drilling plans.

Reef Casino Trust’s responsible entity confirms ongoing confidential negotiations with two parties over potential acquisition proposals exceeding A$200 million, though no deal is assured.

Arizona Lithium advances its Prairie Project with a pioneering commercial development plan for lithium brine extraction, regulatory approvals, and a $1.3 million capital raise to fund initial production.