Latest Acquisition News

Donaco International has updated the timeline for its acquisition by On Nut Road Limited, pushing key dates into August due to valuation and legal review delays. Shareholders await the next steps in this protracted takeover process.

Alvo Minerals has successfully closed the institutional portion of its entitlement offer, raising $751,133, with a retail offer set to open on June 11 aiming to raise an additional $810,985. The capital raise will fund exploration and potential acquisitions in Brazil's mineral sectors.

Taruga Minerals' maiden soil geochemistry program at Thowagee reveals promising lead-dominant mineralisation and a significant gold anomaly, expanding exploration potential beyond historical limits.

Tyro Payments has announced the resignation of CEO Jon Davey, who will remain for up to six months to ensure a smooth leadership transition. Davey’s tenure saw significant transformation and strategic groundwork for future expansion.

Mayne Pharma disputes Cosette Pharmaceuticals’ attempt to terminate their acquisition agreement, with a key court hearing postponed to September and a crucial shareholder vote set for June 18.

Catapult Group International has acquired Perch, an AI-driven athlete monitoring startup, for US$18 million, enhancing its Performance & Health vertical without raising capital. This move integrates gym-based strength data with on-field analytics, promising a more comprehensive sports technology platform.

COSOL Limited anticipates solid revenue and earnings growth for FY25 despite some contract timing setbacks, with a promising outlook for FY26 driven by data analytics and managed services expansion.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance between $215 million and $245 million, while expanding its Melbourne construction materials hub through key acquisitions in asphalt paving and recycling.

Powerhouse Ventures Limited has issued its first-ever cash profit guidance for FY25, signalling a pivotal shift towards self-sustaining operations backed by strong corporate advisory and treasury performances.

Nordic Resources has completed its acquisition of three gold projects in Finland’s Middle Ostrobothnia Gold Belt, significantly boosting its resource base with nearly one million ounces of gold equivalent. The company plans to start drilling by July 2025, aiming to unlock further value from these advanced assets.

Brookside Energy has successfully established first oil and gas sales from its Bruins Well in Oklahoma’s Anadarko Basin, marking a swift and on-budget achievement that strengthens its production base and cash flow.

Podium Minerals Limited has announced a fully underwritten entitlement offer to raise approximately A$2.6 million, aimed at advancing metallurgical test work and maintaining its expanded tenement package for the Parks Reef PGM Project.