Latest Acquisition News

The Abercrombie Group, led by hummgroup’s Board Chair, has tabled a non-binding $0.58 per share offer to acquire the remaining shares of hummgroup, signaling a potential ownership shift at a premium to market price.

Tasmea Limited forecasts a robust 34% increase in net profit after tax for FY26, driven by a record order book and strategic acquisitions, while reaffirming its FY25 earnings guidance.

Lightning Minerals Ltd has requested a voluntary suspension of its shares on the ASX as it prepares to announce a significant acquisition and capital raising. The suspension is set to last until the announcement or the resumption of trading on 27 June 2025.

Parkway Corporate Limited has secured over $13.5 million in water infrastructure contracts, including a major $12.85 million deal with a leading engineering firm, while advancing its innovative brine management technology and extending its loan facility to support expansion.

Kali Metals has expanded gold mineralisation at its Marble Bar Gold Project to a 2km strike length, including a 600m extension into the newly acquired Peggy tenement, with high-grade rock chip results up to 19.1 g/t Au. The company is now preparing for its first drilling campaign to test these promising targets.

Augustus Minerals has secured a key position in the Mt Kare Gold Project by acquiring ACM Contract Mining PNG Ltd, positioning itself second-in-line for the exploration license in Papua New Guinea.

ParagonCare appoints Carmen Riley as CEO effective July 1, 2025, with a planned transition period under outgoing CEO David Collins to complete integration and pursue M&A opportunities.

Breakthrough Minerals has initiated soil sampling at its Errolls Gold Project in Western Australia, setting the stage for a targeted drilling campaign focused on high-grade gold mineralisation.

PointsBet shareholders have voted in favour of the proposed $1.20 per share acquisition by MIXI, Inc, marking a significant premium and clearing a key hurdle ahead of court approval.

Carnaby Resources reports robust drill results from its Trekelano Project, revealing a broadening copper-gold mineralised zone with high-grade intervals that suggest significant deposit growth potential.

Legend Mining has signed binding term sheets to acquire the Pinnacle Well Project near Leonora, marking its first move beyond the Fraser Range with promising gold and base metals prospects.

Xero Limited has announced a binding agreement to acquire Melio Limited for US$2.5 billion, backed by a fully underwritten A$1.85 billion equity raise. This strategic move aims to accelerate Xero’s US growth and more than double its FY25 revenue by FY28.