Latest Acquisition News

HomeCo Daily Needs REIT reported a 44% jump in profit to $361.6 million for FY26, driven by strong property income and a $311 million portfolio valuation uplift. The REIT maintained stable distributions and upgraded its debt facilities with a BBB+ credit rating.

Cleanaway has received a $3.13 per share non-binding acquisition proposal from EQT Infrastructure, representing a 32% premium. The board has granted exclusive due diligence and signalled its intention to recommend the deal, subject to conditions and no superior offer emerging.

Insurance Australia Group reported a 15.1% revenue increase to $21.3 billion in FY26 but saw net profit after tax fall 24.8% to $1.022 billion, impacted by natural peril claims and RACQ acquisition costs. The company declared a 20c final dividend, suspending its DRP.

Eureka Group Holdings has closed its inaugural wholesale all-age rental fund, raising $14.35 million in equity and securing $14.5 million in senior debt. The fund, seeded with two tourist parks, aims for a 19.8% return over six years, freeing $15 million for further growth.

Australian Strategic Materials (ASM) held concurrent shareholder and optionholder meetings on 12 August 2026, approving the proposed acquisition by Energy Fuels Inc. The ASM Board unanimously recommends the schemes, supported by a positive Independent Expert opinion, with implementation expected by late August.

Klevo Rewards extended its financial services footprint with two acquisitions and proposed a 10:1 share consolidation, while Fly Wallet posted $19 million revenue from an early-stage stablecoin trial in July 2026.

Pathkey.AI has appointed former Altium chairman Sam Weiss as a strategic advisor and raised $2.8 million in a placement led by Weiss, aiming to accelerate its AI-powered chip design platform Chipforge.

Liberty Metals has locked in a four-year option to acquire a dominant 180km2 land package in Guyana’s rapidly consolidating Oko gold district, backed by a A$5 million placement to fund exploration.

Horizon Oil has delivered a record FY26 production of 2.15 million barrels of oil equivalent and expanded its footprint to five countries following the Cue Energy takeover. The company’s diversified portfolio and disciplined capital management underpin a robust growth pipeline through 2028.

Aruma Resources has significantly expanded its Tillex Copper-Silver Project in Ontario by acquiring 94 new claims, extending the copper trend to 2.4 kilometres and raising $3.5 million to accelerate exploration.

InVert Graphite has delivered a maiden Mineral Resource Estimate of 32.2 million tonnes at 8.0% Total Graphitic Carbon for its Kumba Deposit in Tanzania, underpinning its Morogoro Project with a substantial near-surface graphite resource.

Sports Entertainment Group (ASX: SEG) is set to acquire New Zealand’s leading audio business MediaWorks for NZ$130 million, creating a dominant trans-Tasman media group with over 5 million weekly listeners and significant earnings accretion.