Latest Acquisition News

PointsBet Holdings Limited updates shareholders on competing takeover bids, endorsing MIXI’s $1.20 cash offer while highlighting significant uncertainties and lower value in Betr Entertainment’s all-scrip proposal.

Prominence Energy has agreed to acquire a vast natural hydrogen and helium exploration portfolio on the Gawler Craton, backed by a $1.75 million capital raise and strategic board appointments.

Trigg Minerals advances its Antimony Canyon Project with near-term pilot extraction plans and a strategic land expansion linking new mineralised zones in Utah, positioning itself to address critical US antimony supply needs.

Envirosuite has secured a key regulatory green light from FIRB for its acquisition by Ideagen, moving the proposed Scheme of Arrangement closer to shareholder approval.

Sunshine Metals has exercised its option early to acquire the Sybil Epithermal Gold Project, setting the stage for drilling to commence in July-August 2025. The project boasts historic high-grade gold results and strategic significance near Charters Towers.

Metcash Limited reported solid FY25 financial results with revenue growth and market share gains across key pillars, underpinned by strategic acquisitions and operational improvements. The company enters FY26 with positive momentum and ongoing transformation initiatives.

Metcash Limited reported solid FY25 results with revenue rising 8.9% to $17.3 billion, driven by strong Food growth and Hardware’s late recovery. Despite a slight dip in underlying profit after tax, the company’s strategic mergers and acquisitions position it well for future expansion.

Metcash Limited reported an 8.9% rise in FY25 sales revenue to $17.3 billion and an 8.6% increase in underlying EBITDA, driven by strong Food pillar growth and the acquisition of Superior Foods. However, declines in Liquor and Hardware EBIT tempered overall profit growth.

Stockland has announced an estimated distribution of 17.2 cents per security for the second half of 2025, maintaining its full-year guidance. The company also offers a 1% discount through its Distribution Reinvestment Plan, encouraging shareholder participation.

Ausgold Limited has secured a farm-in agreement to acquire up to 70% of a highly prospective exploration license adjacent to its Kulin Gold Project, setting the stage for drilling in FY26 to unlock new gold targets.

Marmota Limited has received ministerial approval for a 90% stake in the Golden Moon JV tenements, consolidating its hold on prime gold assets in South Australia’s Gawler Craton. This move strengthens its position alongside the Aurora Tank discovery, setting the stage for expanded exploration and potential low-cost gold production.

Shift4 Payments, LLC has entered into a definitive scheme implementation agreement to acquire Smartpay Holdings Limited at NZ$1.20 per share, subject to regulatory and shareholder approvals. The transaction outlines a detailed timetable and conditions, including Overseas Investment Office consent and court sanction.