Latest Mergers And Acquisitions News

Gold Road Resources has announced a fully franked special dividend of $0.43694 per share, contingent on its acquisition by Gold Fields’ Gruyere Holdings. The dividend will reduce the cash consideration payable under the scheme, with the board urging shareholders to approve the deal.

Peak Rare Earths has dismissed a $240 million acquisition proposal from General Innovation Capital Partners, reaffirming its commitment to Shenghe Resources’ $195 million scheme. The board cites concerns over GICP’s incomplete offer and regulatory uncertainties.

Winchester Energy has farmed out a 30% stake in its Varn waterflood project to a US investor group, unlocking capital and expertise to advance development of over one million barrels of oil equivalent reserves.

CSL Limited has partnered with Dutch biotech VarmX to develop VMX-C001, a novel treatment aimed at reversing bleeding in patients on FXa inhibitors, with FDA Fast Track status and a potential 2029 launch.

Metro Performance Glass has successfully closed an oversubscribed rights offer, raising $23.9 million to support its turnaround and growth strategy, with Amari Metals securing a 51% stake.

Elevra Lithium finalizes merger of Piedmont and Sayona, creating North America’s largest hard-rock lithium producer with a combined resource base of 229Mt. The company outlines ambitious growth plans, operational efficiencies, and a strengthened financial position to capitalize on rising lithium demand.

Brickworks Limited shares have been suspended from the ASX following court approval of a scheme of arrangement that will see Washington H. Soul Pattison acquire the company through a subsidiary.

betr Entertainment has issued its fourth supplementary bidder’s statement, addressing PointsBet’s recent assertions and confirming key financial consents and cash flow positions amid its ongoing takeover offer.

Marvel Gold Limited has significantly increased its landholding in Tanzania’s Iramba-Sekenke Greenstone Belt, acquiring two new prospecting licences and applying for a third, setting the stage for a maiden drilling campaign.

Celsius Resources has reported significant high-grade copper and gold drilling results at its MCB Project in the Philippines, alongside securing a conditional water permit crucial for advancing project development.

Spacetalk Ltd has raised $4.05 million through a combination of a conditional placement and convertible notes to accelerate its geographic expansion and app development, alongside appointing a seasoned director to its board.

The Takeovers Panel has declined to declare unacceptable circumstances in Bryah Resources' shareholder dispute but has referred key issues to ASIC for further investigation.