Latest Acquisition News

ikeGPS delivered a robust 4Q25 with a 48% jump in annual subscription revenue exit run rate and secured major U.S. utility contracts, while declining a $170 million acquisition offer due to shareholder resistance.

Prime Financial Group has acquired Lincoln Indicators, significantly expanding its wealth management platform and client base. The deal is expected to boost recurring revenue and contribute to Prime’s ambitious growth targets.

Prime Financial Group has agreed to acquire Lincoln Indicators, a leading Australian investment research and funds management firm, significantly boosting its wealth management capabilities and client base.

Power Minerals Limited has identified significant rare earth element potential at its prospective Santa Anna niobium carbonatite project in Brazil, signing a binding letter of intent to acquire the asset and planning immediate drilling to define an exploration target.

DroneShield Limited has reported a record-breaking first quarter with $33.5 million in revenue, more than doubling year-over-year, supported by a robust $94.4 million in committed purchase orders and a burgeoning SaaS segment. The company’s expansive $1.6 billion sales pipeline and strong cash position set the stage for accelerated growth in the counter-unmanned systems market.

Magnetic Resources NL has significantly increased the Lady Julie North 4 gold deposit resource to 1.55 million ounces, supported by ongoing high-grade drilling and exceptional metallurgical recoveries of up to 97.5%. Feasibility studies for combined open pit and underground mining are advancing, targeting 150,000 ounces per annum over eight years.

ikeGPS delivered a robust 4Q FY25 with a 48% jump in annual subscription revenue and closed NZ$12 million in contracts, while receiving a non-binding acquisition approach valuing the company at around NZ$165-170 million.

ikeGPS Group Limited reported a robust 48% increase in annual subscription revenue exit run rate for FY25, driven by major U.S. utility contracts, while declining a non-binding $170 million acquisition offer due to shareholder resistance.

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Minerals 260 Limited has launched a $200-$220 million public offer to fund the acquisition of the Bullabulling Gold Project in Western Australia, featuring a 2.3 million ounce JORC-compliant resource. The company seeks ASX re-admission following a significant change in scale of activities.

Woodside Energy Group Ltd reported a 115% increase in net profit after tax to US$3.573 billion in 2024 despite a 6% revenue decline, driven by record production and strategic growth in LNG and new energy sectors.

Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.