Latest Acquisition News

Smart Parking (ASX:SPZ) has acquired American Parking, adding 54 sites across Oklahoma, Texas, and Arkansas and boosting its US portfolio to over 200 locations. The $12 million deal is expected to be earnings accretive and supports the rollout of SmartCloud technology.

Nanoveu has completed its acquisition of Singapore’s Spinoff Robotics, gaining validated drone platforms and engineering talent to fast-track its ECS-DoT edge-AI silicon integration for advanced aerial applications.

Qoria Limited and Aura Consolidated Group have fixed the exchange ratio for their proposed merger, with shareholders to receive one Aura CDI for every 17.32 Qoria shares. Aura’s US$100 million capital raise values Qoria shares at A$0.40 each, positioning Qoria shareholders to hold nearly a third of the merged entity.

Pan African Resources has completed the issuance of over 102 million new shares to Emmerson shareholders, marking the formal close of its acquisition via a scheme of arrangement.

Krakatoa Resources has launched its second underground drilling season at the Zopkhito Antimony-Gold Project, aiming to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate while pushing early mine development.

Galilee Energy has begun drilling its Zydeco-1 well in Louisiana, aiming to unlock a significant conventional gas-condensate resource as part of its US Gulf Coast expansion.

Diablo Resources has cleared a major hurdle with shareholder approval to acquire an 80% stake in the Horn Silver Project, a historically rich silver and gold mining district in Utah. The acquisition unlocks a suite of exploration opportunities with a maiden drill program set for later this year.

Alcoa Corporation has agreed to acquire South32’s bauxite, alumina, and aluminum assets for $4.1 billion upfront plus up to $750 million contingent, significantly boosting its upstream aluminum operations and supply chain resilience.

Javelin Minerals has replaced milestone shares with performance rights as part of its Central Yilgarn acquisition, capping potential dilution with a floor price mechanism.

Australian Silica Quartz Group (ASQ) has finalized its acquisition of Australian Kaolin, gaining control of the White Swan Kaolin Project with a 47Mt inferred resource and an approved mining plan. The company raised $750,000 to advance development and is targeting export markets in Asia.

GenusPlus Group has finalized its acquisition of MPC Kinetic, marking a significant diversification into the Queensland gas sector and renewable infrastructure services. The deal was funded through a combination of cash reserves, debt facilities, and a recent $200 million equity raise.

Pan African Resources has completed its acquisition of Emmerson Resources through a Court-approved scheme, with Emmerson shares now transferred and shareholders issued Pan African CDIs. Emmerson will be delisted from the ASX on 2 July 2026.