Latest Acquisition News

Noumi has secured court approval to put Arrovest’s proposed takeover and option cancellation schemes to shareholders and optionholders. The next significant disclosure is the scheme booklet, including the independent expert’s report.

Steadfast Group has disclosed a notice from Pentwater Capital Management concerning equity derivatives under Takeovers Panel guidance. The filing does not reveal the position’s size, direction, counterparties or economic exposure, leaving its significance unresolved.

Peter Warren Automotive has completed its acquisition of Wakeling Automotive, but the transaction remains tied to eight dealership divestments required by the ACCC. The deal expands Peter Warren’s dealership portfolio while leaving a significant regulatory obligation outstanding.

First Au will acquire six exploration licences in Western Australia’s Ora Banda district for A$150,000 upfront, with a further A$500,000 deferred at the seller’s discretion. The deal expands its Riverina tenure but comes with a A$250,000 drilling commitment and remains subject to completion conditions.

Capstone Copper has agreed to sell its Cozamin mine in Mexico to Luca Mining in a deal featuring US$275 million upfront and as much as US$110 million in deferred and copper-linked payments. The proposed sale would give Capstone fresh balance-sheet capacity while preserving indirect exposure to the asset through Luca shares.

Promisia Healthcare has completed its acquisition of Chatswood Retirement Village after receiving shareholder approval in August. The vendors were paid through the issue of 1 million ordinary shares and 1 million unquoted convertible notes, leaving key transaction terms to be assessed in future disclosures.

BSA is proposing to acquire aerial infrastructure technology business Eonetics in a largely scrip-based transaction that would leave the sellers with about 39.9% of BSA. The deal remains non-binding, with one seller yet to sign and multiple approvals still required.

Sports Entertainment Group has completed its NZ$130 million acquisition of MediaWorks, creating a trans-Tasman audio group with more than 5 million listeners. The combined business starts with pro forma net leverage of 1.84 times and a management target of approximately 1.2 times within two years.

Klevo Group has reported a sharp FY2026 turnaround, with revenue up 324%, positive operating cash flow and cash rising to A$4.32 million. The more striking claim is its KLVR stablecoin platform, which has recorded USD 59.2 million in unaudited revenue since trial commencement ahead of a planned commercial rollout.

Prophecy International entered FY27 with sharply lower revenue, negative net assets and just $1 million in cash after a difficult restructuring year. Management has cut costs and launched its ProdataIQ AI product, but the auditor has warned of material uncertainty around the company's ability to continue as a going concern.

Quixxi has secured a four-year A$635,238 contract with a major Italian industrial group for its Clarity AI governance platform. The win strengthens the case for WhiteHawk’s proposed acquisition, but WhiteHawk will not benefit financially unless shareholders approve the deal and completion follows.

Codrus Minerals has completed its acquisition of EdgeMet, adding copper and molybdenum exploration projects in Queensland and Peru alongside early-stage technology from Rice University. The transaction was funded with 230 million shares, 60 million performance rights and A$100,000 in upfront cash.