Latest Mergers And Acquisitions News

Cann Group Limited has finalized a $15.3 million settlement with National Australia Bank, releasing all security and closing loan facilities as part of a broader debt restructuring. The company is advancing a $9 million new loan and a $9 million capital raise, including a share purchase plan closing November 17.

Jumbo Interactive’s 2025 AGM highlighted solid early FY26 growth across its core segments alongside transformative acquisitions in the UK and US, prompting a cautious dividend policy revision to balance growth and debt reduction.

Ampol Limited reported a robust third quarter in 2025 with improved profitability and refinery margins, while advancing its strategic acquisition of EG Australia to boost retail presence.

OFX Group reports a modest decline in revenue for 1H26 but highlights strong progress in its OFX 2.0 platform rollout and client acquisition, setting the stage for future growth.

Coronado Global Resources posted a $109.5 million net loss for Q3 2025 amid subdued metallurgical coal markets and announced a proposed refinancing deal with Stanwell Corporation to strengthen its financial position.

OFX Group Limited’s half-year results reveal a sharp 78% drop in statutory net profit to $2.4 million, driven by lower fee and trading income and rising expenses. The company is advancing its New Client Platform rollout and has initiated a new share buy-back program to support growth and capital management.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Novo Resources reports impressive high-grade gold assays from the Teichman area and significant gold-antimony intercepts at Sherlock Crossing, setting the stage for expanded drilling in 2026.

Global Uranium and Enrichment Limited has entered a new funding agreement with Summit Strategies LLC, raising an additional A$2.5 million through convertible notes to support its ongoing operations and merger obligations with Snow Lake Resources.

Power Minerals Limited updates its acquisition of the Gamma Heavy Rare Earths Project in California, clarifying historical data limitations and securing $4.1 million to fund exploration activities.

Mayne Pharma has received notice of Cosette Pharmaceuticals' intention to appeal a court ruling in their acquisition dispute, potentially delaying the proposed takeover. The legal saga continues as key approvals and hearings loom.

Intelligent Monitoring Group (IMG) reported robust FY25 results with $38.4m EBITDA and an 8.2% earnings rise, while projecting up to 24% EBITDA growth in FY26 fueled by AI innovations and key acquisitions.