Latest Acquisition News

Elph Investments has raised and finalised its off-market takeover bid for Engenco Limited shares at $0.31 per share, applying to all shareholders including those who already accepted. This move signals a decisive step in the ongoing acquisition process.

QuickFee Limited reports mixed Q4 FY25 results with solid growth in US Pay Now and Australian Finance, offset by a significant US Finance decline due to credit impairment. The company completes a major refinancing and capital raise while maintaining FY25 earnings guidance.

ClearVue Technologies’ subsidiary OptiCrop has secured its inaugural commercial project, an $80,000 greenhouse installation leveraging proprietary ground-source heat exchange technology. This milestone underscores ClearVue’s strategic expansion into sustainable protected cropping and greenhouse agriculture.

National Storage REIT has partnered with GIC to invest $228 million in a second tranche of self-storage development assets, reaffirming its FY25 earnings guidance and strategic growth plans.

Core Energy Minerals has secured all necessary permits to launch its maiden aircore drilling campaign at the Cummins Uranium Project in South Australia, targeting a significant paleochannel system with historic uranium mineralisation.

Pursuit Minerals has dispatched high-purity lithium carbonate samples from its Argentine pilot plant to potential partners, advancing feasibility studies for a 5,000tpa operation while exploring strategic acquisitions in precious and base metals.

ADX Energy has secured a 70% economic interest in Austria’s Anshof Oil Field by acquiring Xstate Resources’ 20% stake, increasing its oil production share and strengthening its strategic position without any cash outlay.

BetMakers Technology Group reports solid Q3 FY25 financial gains alongside a strategic binding agreement to acquire Nevada’s LVDC, expanding its global racing technology footprint.

BetMakers Technology Group is poised to expand its North American footprint by acquiring LVDC, Nevada’s exclusive pari-mutuel wagering provider, targeting an initial A$4 million in annual revenue.

Ridley Corporation has successfully closed its retail entitlement offer, raising $26 million as part of a $125 million capital raise to fund its $300 million acquisition of Incitec Pivot’s fertiliser distribution business.

Metals X Limited has announced a pre-conditional voluntary cash partial offer to acquire up to 28% of Greentech Technology International Limited at HK$0.35 per share, aiming to increase its stake in the joint venture behind the Renison Tin Mine. The offer follows Greentech's failure to meet pre-conditions for a full takeover and comes amid ongoing trading suspension and delayed financial results.

Adveritas Limited reports a record 61% increase in annualised recurring revenue, driven by strong gains in sports betting and new product launches, while preparing for a strategic expansion into North America.