Latest Acquisition News

Insurance Australia Group (IAG) reported a robust FY25 with strong premium growth, improved margins, and strategic acquisitions pending regulatory approval. The company projects continued growth and margin stability into FY26.

Insurance Australia Group (IAG) reported a robust 51.3% increase in net profit after tax for FY25, driven by premium growth, operational efficiencies, and favourable natural peril experience. The company also announced strategic alliances with RACQ and RAC, poised to significantly expand its market footprint.

Insurance Australia Group Limited (IAG) reported a 51.3% rise in net profit after tax for FY25, supported by premium growth, improved margins, and key strategic alliances. The company also advanced its sustainability agenda with full renewable energy procurement and emissions reductions.

My Foodie Box Limited reported a significantly reduced net loss for the half year ended December 2024 following the divestment of its meal kit business. The company is actively pursuing new acquisitions and funding to restore shareholder value and regain its ASX listing.

Computershare reported a robust FY25 with management EPS up 15% and EBIT excluding margin income rising 17.4%, underpinned by strong revenue growth and disciplined cost management. The company projects continued earnings growth in FY26, supported by a resilient margin income outlook and strategic acquisitions.

Computershare has reported a robust FY25 with a 15% increase in Management EPS and a 14.3% hike in its final dividend, underpinned by growth across all core businesses and a streamlined, capital-light strategy. The company signals continued momentum into FY26 with expected earnings growth and recovering transaction volumes.

Computershare Limited reported a 72% surge in net profit for FY25, driven by strong fee revenue growth and disciplined cost management despite a 5.6% revenue decline due to a major business disposal. The company also announced a higher final dividend and ongoing strategic acquisitions.

Energy Transition Minerals has completed a $10 million strategic placement with OCJ Investment and appointed mining veteran Amy Jiang as a Non-Executive Director, signaling a strengthened governance and growth trajectory.

Platinum Asia Investments Limited secured overwhelming shareholder approval for its Scheme of Arrangement, with nearly 98.5% voting in favor at the recent meeting.

NEXION Group has issued 800,000 convertible notes to raise $80,000, with repayment expected in cash but conversion to shares possible pending approvals. The funds aim to support costs related to a potential transaction whose future remains uncertain.

DMC Mining Limited has withdrawn its August 2024 prospectus due to delays in securing exploration licences in Guinea, but remains committed to its critical minerals projects and plans a replacement prospectus once licences are granted.

The Star Entertainment Group has executed binding agreements to exit its 50% stake in the Destination Brisbane Consortium, while consolidating full ownership of key Gold Coast hotels. The transaction unfolds in two stages, reshaping the company’s asset portfolio and financial commitments.