Latest Mergers And Acquisitions News

ANZ Group Holdings reported a 31% rise in FY26 cash profit to A$7.591 billion, helped by sharp cost reductions and stronger Australian banking performance. The 83-cent final dividend was maintained, but rising impairments, weaker New Zealand earnings and heavier capital demands leave the next phase of the turnaround less straightforward.

FOX has completed its acquisition of Roku, combining its news, sports and entertainment assets with one of the largest connected-TV platforms in the US. The US$14.1 billion cash component was supported by US$2 billion in term loans and an US$8.4 billion bridge facility.

Franklin Templeton delivered sharply higher fiscal 2026 earnings, supported by $84.1 billion in long-term net inflows and an 8% increase in assets under management. The result also showed a sizeable gap between GAAP and adjusted profit, leaving the quality and durability of the improvement as the key investor question.

Vistra delivered a sharp third-quarter earnings increase, raised its 2026 outlook and opened a larger 2027 earnings pipeline. The gains come alongside a major gas-generation acquisition, fresh buyback capacity and a pro forma liquidity decline to about US$5.4 billion.

Charter Communications has launched a major operating reset after pro forma revenue, EBITDA and Internet customers declined in the third quarter. The company is targeting US$2 billion in annualised savings, but carries US$108.6 billion of debt after completing its Cox acquisition.

Ingenia Communities has reopened due diligence with Warburg Pincus after receiving a higher non-binding proposal worth up to $5.60 per stapled security. AVID Property Group now has until 10 November to match or exceed the offer, while Ingenia continues to pursue its Peet acquisition.

The Takeovers Panel has ordered A2MP Investments to correct disclosures made during its lapsed takeover bid for Canyon Resources, including its strategic and funding intentions and revised project assumptions. The corrective document must also explain how Canyon information was used in A2MP’s valuation and pricing analysis.

Atlantic Lithium’s Scheme Booklet has been registered with ASIC, putting Huayou’s proposed US$210 million acquisition on the final stretch towards a shareholder vote. BDO backs the deal in the absence of a superior offer, but several regulatory and transaction conditions remain outstanding.

Third Age Health will acquire 75% of New Zealand asbestos specialist Consultex Group for $3.75 million, adding a new Testing, Inspection & Compliance vertical. The deal will be funded through existing cash and bank debt, with settlement expected by 30 November 2026.

Alfabs Australia will pay $2.0 million upfront for J&J Vac’s underground mining pump assets, with a further $2.0 million available if it manufactures and hires or sells 25 additional units. The deal adds eight pumps, OEM rights and four transferred customer orders while the company continues its debt restructuring process.

Lindsay Australia has crossed $1 billion in annual revenue for the first time, with underlying EBIT up 37.7% to $60.4 million. The logistics group is now turning from major network investment to extracting returns, even as softer freight volumes and lower horticultural yields cloud FY27.

The Colonial Motor Company delivered a stronger FY2026 result, but warned that first-quarter earnings have come under pressure as Chinese vehicle brands and new energy vehicles reshape New Zealand’s automotive market. The company is responding with BYD and JAC investments while preserving its conservative balance sheet.