Latest Mergers And Acquisitions News

Macro Metals has signed a binding agreement to sell its Agbaja Iron Ore Project in Nigeria for US$5.67 million, with completion scheduled for 7 December. The deal could leave the company with approximately A$7.7 million in cash and a sharper focus on Western Australian mining services and resource development.

Jacaranda Natural Resources has identified a 50-metre copper trend at its Motloutse Project in Botswana, with 12 of 23 selective rock-chip samples returning more than 1% copper. The ASX-listed explorer now plans maiden drilling between December 2026 and February 2027, subject to approvals and completion of work at its Globe Project.

Pioneer Credit has completed a $14.4 million purchase of a debt portfolio with a $206 million face value under a new three-year agreement with one of Australia’s major banks. The deal expands its institutional pipeline, but does not guarantee further acquisitions and will not generate cash collections before February 2027.

Elixir Energy has reported materially stronger interim flow performance from Lorelle-3H after a 60-day soak, but a sand, scale and coal obstruction has interrupted the test. The company also received a $12.1 million R&D refund and repaid its debt facility, leaving a net cash inflow of $1.77 million.

AVID Property Group has matched Warburg Pincus’s latest $5.45-per-security proposal for Ingenia, with the potential total value reaching $5.50 including a permitted distribution. Ingenia’s board has ended Warburg’s due diligence access but continues to progress its proposed Peet acquisition and has not recommended AVID’s non-binding approach.

Solstice Minerals has returned its strongest shallow copper-gold result yet at Nanadie, led by 10 metres at 9.40% copper, 2.13g/t gold and 23.4g/t silver. The result sits within a broader mineralised zone that could influence the next resource estimate, although metallurgy, continuity and true widths remain unresolved.

Regis Resources has extended gold mineralisation beyond existing reserves at Garden Well and identified fresh-rock mineralisation beneath the largely regolith-hosted Moolart Well deposit. Strong intersections at Beamish South are now feeding a Mineral Resource update and potential Ore Reserve assessment.

LE Minerals finished FY2026 with a $48.17 million statutory profit, but the result was dominated by a one-off $58.14 million gain from selling its Solaroz lithium project interest. The company now has a substantial cash buffer to fund Queensland and Utah exploration while it seeks approval for a conditional $20 million graphite sale and spin-out.

ResMed has delivered a stronger first quarter for fiscal 2027, with revenue up 6% to US$1.415 billion and net income rising 20% to US$418 million. The headline result was helped by a preliminary gain on the MatrixCare sale, while the core Sleep and Breathing Health business continued to expand.

Macmahon has completed its A$75 million acquisition of Aspect Engineering Solutions after the ACCC confirmed the transaction did not require notification. The mining services group expects the deal to be underlying EPS accretive from inception, before synergies, as it builds an engineering and minerals processing platform.

KMD Brands has granted US consumer brand group Bluestar Alliance exclusive access to confirmatory due diligence and ongoing talks over a possible acquisition of all KMD shares. The discussions remain non-binding, with no transaction terms or certainty of completion disclosed.

Locate Technologies has sold all 12.3 Bitcoin for A$1.37 million, reversing its recent plan to keep accumulating the cryptocurrency. The NZX-listed logistics software company says it will hold the proceeds in cash while it reassesses digital-asset risks and focuses on its operating business.