Latest Acquisition News

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.

PointsBet has secured a significantly improved acquisition proposal from MIXI, lifting the cash offer by 13.2% to $1.20 per share and postponing the shareholder vote to June 25. The move intensifies the takeover battle amid ongoing regulatory approvals and a rival bid from Betr Entertainment.

Life360 has increased its convertible notes offering to $275 million, introducing capped call transactions to manage dilution risks as it prepares for potential growth investments.

Tasmea Limited has declared a fully franked special dividend of 12 cents per share, reflecting robust financial performance and strong confidence in future growth prospects.

Codeifai Limited has locked in $570,000 through a discounted share placement, aiming to fuel its digital platform growth and strategic initiatives.

Diablo Resources has identified significant high-grade copper and silver mineralisation at its Phoenix Copper Project in the US, setting the stage for its inaugural drilling campaign in Q3 2025.

Scorpion Minerals has completed detailed pre-drilling exploration at its Pharos Gold Project in Western Australia and is poised to begin RC drilling targeting multiple high-grade gold zones along a prolific shear corridor.

Western Yilgarn NL has secured the Cardea 3 Bauxite Project in Western Australia's Darling Range, adding a significant high-grade bauxite asset near its Julimar Project. Historical drilling confirms strong alumina grades and strategic infrastructure access.