Latest Mergers And Acquisitions News

Pathkey.AI has presented Chipforge as a functioning end-to-end AI platform for chip design, backed by independent testing, benchmark comparisons and a first proof-of-value contract. The harder test now is converting that engineering progress into recurring revenue before its A$5.8 million cash balance becomes a constraint.

Marimaca Copper ended September with US$126.6 million in cash and US$135.5 million in net working capital, giving the pre-revenue Chilean developer funding visibility for at least the next year. A potential US$17.3 million VAT recovery could add to that liquidity in the first half of 2027, but the Marimaca Project has not yet reached demonstrable technical feasibility or commercial viability.

Noumi shareholders and optionholders have backed Arrovest’s proposed schemes, clearing the main voting hurdle in the takeover. The transaction still requires Supreme Court of New South Wales approval and satisfaction or waiver of other conditions.

Forrestania Resources has cleared the key hurdle in its takeover of Zenith Minerals, with the offer now wholly unconditional and the bidder holding 63.87% voting power. The offer is scheduled to close on 12 November.

Count Group (ASX:CUP) will acquire 75% of Skybridge Financial in its largest equity partnership investment to date, combining a regional accounting platform with $1.4 billion of funds under advice. The deal is being funded partly through a fully underwritten A$25 million placement and is expected to be mid to high single-digit EPS accretive in FY2027 before synergies.

Goodman Group and Digital Realty have sought to build a stake of up to 9.9% in NEXTDC at A$9.50 a share, just weeks after the data centre operator cut FY27 guidance. The pair say they do not currently intend to bid for control, but have kept that option open.

Neurizon says it has removed its remaining Obsidian convertible notes while targeting $6.3 million in new equity ahead of the pivotal NUZ-001 ALS readout. The funding plan reduces immediate conversion uncertainty, but the proposed Share Purchase Plan and possible future facility drawdown leave execution questions open.

Neuren has lifted its 2026 trofinetide income guidance to US$91 million-US$93 million after Acadia reported a 39% rise in Q3 DAYBUE sales and a US$35 million German launch milestone. Japan trial results also support a planned 2027 regulatory filing, although a launch remains subject to approval and a distribution partner.

Southern Cross Media says FY26 earnings fell short of expectations and first-quarter FY27 revenue is lower year on year, despite growing audiences across television, audio and publishing. Management is pressing ahead with a $150 million cost reduction program and expects the group’s new operating shape to be visible by FY28.

Three historical stockpile samples from Narryer Metals’ Redhill Copper Project returned copper grades of up to 14.9%, alongside elevated silver and bismuth. The results strengthen the case for follow-up mapping and drilling, but do not yet demonstrate comparable grades in undisturbed mineralisation.

Eagers Automotive expects record 2026 revenue and underlying profit before tax, with continuing-operations revenue forecast at $17.3 billion to $17.5 billion. The upbeat outlook comes with a warning that higher rates, inflation and fuel costs are squeezing industry margins.

Crimson Australia has closed its takeover offer for Kip McGrath after securing a 93.88% relevant interest. The bidder has begun the compulsory acquisition process for the remaining shares, moving the education group toward full ownership.