Latest Mergers And Acquisitions News

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet and advance a superior takeover proposal valued at A$360 million. The move positions betr as PointsBet’s largest shareholder and challenges the existing MIXI scheme with enhanced funding certainty and synergy prospects.

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet Holdings Limited and advance a superior takeover proposal. The move aims to create a leading Australian wagering operator with significant cost synergies and a clear path to ASX 300 inclusion.

betr Entertainment Limited has unveiled a revised $360 million proposal to acquire PointsBet Holdings, backed by a $130 million fully underwritten equity raise and promising $40 million in annual synergies. The offer aims to outmaneuver a competing bid, delivering enhanced funding certainty and operational scale.

betr Entertainment has unveiled a $360 million proposal to acquire PointsBet, backed by a $130 million equity raise and promising $40 million in annual synergies. The move aims to reshape the Australian wagering landscape with enhanced funding certainty and operational integration.

White Cliff Minerals has initiated a significant drilling campaign at its Rae and Danvers copper projects, revealing extensive visible sulphide mineralisation, while also advancing its balance sheet through the sale of the Reedy South Gold Project for A$1.2 million.

Trek Metals has confirmed that its high-grade gold intercepts at the Christmas Creek Project are close to true width, supported by down-hole televiewer surveys and visible gold in drill chips, prompting a fast-tracked drilling program backed by a $3.5 million capital raise.

SelfWealth Ltd has secured Federal Court approval for its acquisition by Syfe’s holding company, Svava Pte Ltd, marking a pivotal moment as its shares are suspended from trading on the ASX.

My Rewards International has completed its acquisition of Fly Wallet and strengthened its financial position with a $15 million put option facility, while working to lift its ASX trading suspension.

Careteq Limited reports strong Q3 FY25 progress with near completion of its 1-System platform integration, revenue growth exceeding forecasts, and new strategic partnerships broadening its healthcare footprint.

Tempest Minerals has made significant progress on its Remorse iron deposit in Western Australia, initiating metallurgical studies and signing a strategic MOU with Green Steel. The company also announced a capital raising plan to support ongoing exploration and development.

Avira Resources has significantly expanded its Tangadee Project in Western Australia and is preparing to drill three high-potential EM targets, while advancing its capital raising efforts to fund exploration.

Orbminco Limited has successfully closed its entitlement offer, raising $0.23 million, while planning to place a significant shortfall of 852 million shares within the next three months.