Latest Acquisition Strategy News

Generation Development Group (GDG) has announced a $320 million acquisition of Evidentia Group Holdings, funded by a $287.9 million equity raising. The deal positions GDG as a market leader in the rapidly expanding Managed Accounts sector with expected earnings accretion in FY26.

Generation Development Group Limited (ASX:GDG) has announced a $320 million acquisition of Evidentia Group Holdings, aiming to consolidate its position as a leader in Australia's managed accounts market. The deal is supported by a fully underwritten $287.9 million equity raising and promises immediate earnings accretion.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

Little Green Pharma has finalized the acquisition of Health House, a key medicinal cannabis distributor, for a fraction of its previous valuation, marking a strategic move to deepen vertical integration.

Mako Gold Limited’s securities have been suspended from ASX trading following Aurum Resources’ dispatch of compulsory acquisition notices, signaling a pivotal ownership transition.

High-Tech Metals Limited intensifies its exploration efforts at the Werner Lake Project in Canada while appointing Warren Thorne as CEO to spearhead growth and asset acquisition strategies.

Tyranna Resources has completed a key drilling phase at its Namibe Lithium Project in Angola, intersecting visible spodumene and expanding its exploration footprint. The company also lodged its first license application as it pursues a broader strategy targeting demand-driven metals.

Vinyl Group Ltd delivered a standout Q2 FY25 with a 172% jump in cash receipts and strategic acquisitions poised to boost earnings. The company’s international expansion and debt reduction efforts signal a transformative phase ahead.

SIV Capital Limited reported a negative operating cash flow for Q2 FY25 and remains suspended from ASX trading due to compliance issues, while actively exploring acquisition opportunities.

Income Asset Management delivered steady revenue of $4.0 million in Q2 FY2025 alongside significant growth in funds under administration and client accounts, while retiring $10 million in debt to reduce interest costs.

Insignia Financial has received a second revised indicative proposal from Bain Capital to acquire the company at A$4.60 per share, matching a rival bid and signaling a competitive acquisition process.

Metals X Limited has delivered a record-breaking quarter with tin production hitting 3,329 tonnes, alongside a significant boost in revenue and cash reserves. The company also advanced its strategic positioning through an increased stake in First Tin Plc and an unsolicited acquisition approach to Greentech Technology International.