Latest Mergers And Acquisitions News

Kaiser Reef has initiated a 4,350-metre surface diamond drilling campaign at its Maldon Gold Project, targeting the newly identified Quill gold zone alongside other promising prospects, aiming to unlock district-scale potential throughout 2026.

Baby Bunting anticipates FY26 pro forma NPAT between $16 million and $17 million, marking a 32% to 40% increase from FY25, despite weaker sales in the fourth quarter. The retailer’s Store of the Future refurbishments and online channels continue to drive growth amid a challenging consumer backdrop.

Tasmea Limited is set to acquire JPS Group for up to A$75 million, securing a foothold in Australia’s growing LNG and energy infrastructure sectors with a Tier-1 client base and a unique tech-enabled isolation technology.

Acrow Limited has secured full underwriting for its $10 million Share Purchase Plan, complementing a recent $70 million placement, with shareholder approval pending for any shortfall shares.

Australian Strategic Materials has delayed key shareholder meetings amid Energy Fuels’ $1.9 billion acquisition of Vacuumschmelze, prompting a supplementary disclosure for ASM securityholders.

IFM Investors' subsidiary Diamond Infraco has extended its takeover offer for Atlas Arteria by 14 days after crossing a 50% voting power threshold. The independent directors are reviewing their response ahead of a supplementary statement due next week.

Matrix Composites & Engineering has landed a significant A$34 million subsea buoyancy contract, boosting its FY27 workload as it navigates a major acquisition proposal.

Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, confirming and expanding gold mineralisation beneath the historic open pit. The ongoing drilling program supports a larger mineralised system along the Parkes Thrust corridor, with promising metallurgical testwork and a planned resource update.

Sprintex has landed a three-year exclusive distribution agreement in Taiwan with Shing Yu, including a paid trial at TSMC’s wastewater facilities aiming to cut energy use by half.

Canadian Phosphate (ASX: CP8) secured $5.2 million through a rights issue and follow-on placement, positioning itself to accelerate exploration and development across key projects in Canada and the US.

Galilee Energy has finished construction of the Zydeco-1 drilling site in Louisiana, setting the stage for drilling to commence in early July 2026. The well targets a substantial 13.7 billion cubic feet of gas and 610,000 barrels of condensate, underpinning the company’s US Gulf Coast growth ambitions.

HiTech Group Australia has tabled a conditional $15 million offer to acquire selected assets and employees from Hudson Global Resources, targeting the UpperGround business. The deal hinges on creditor approval, regulatory clearance, and financing, with payments structured across upfront, conditional, and deferred components.