Latest Acquisition News

Bass Oil’s April sales revenue jumped 245% driven by Cooper Basin stock sales and high oil prices, with production rising 4%. The imminent Bunian 6 well spud promises to double Indonesian output by June, while the Vanessa gas acquisition edges closer to regulatory approval.

Humm Group reported a 5.1% rise in average assets under management to $5.4 billion in 3Q26, despite lower loan originations and ongoing corporate irregular costs. Credit quality remains stable as the company navigates macroeconomic headwinds and strategic product transitions.

Abacus Storage King (ASK) is set to internalise its management by acquiring its responsible entity from Abacus Group for about $24 million, unlocking $7 million in annual cost savings and boosting funds from operations by 6%. The move, effective 30 June 2026, coincides with a rebrand to Storage King Group and new leadership appointments.

Abacus Group (ASX:ABG) is set to internalise management of Abacus Storage King (ASK), acquiring full control of ASK’s responsible entity for $24 million. The move marks a strategic shift as ABG refocuses on its core commercial real estate business.

Skylark Minerals has exercised its option to acquire 100% of the Vavoua Project for A$150,000, expanding its Côte d’Ivoire footprint near the Abujar Mine with promising historical gold results.

Alcidion Group has acquired Telstra Health's Kyra flow products for $3 million upfront, adding 33 long-term customers and boosting recurring revenue in key Australian states.

Life360 has authorized a $225 million share repurchase program aimed at offsetting dilution from stock-based compensation, supported by robust cash flow and a strong balance sheet.

Elders Limited lifted half-year revenue by 32% to $1.77 billion, with profit after tax rising 17% to $39.5 million, boosted by the Delta Agribusiness acquisition and improved seasonal conditions. The company declared an 18-cent fully franked interim dividend and advanced its new divisional model and systems modernisation.

King River Resources exposes a major discrepancy in historical gold mining records at Mindoolah, uncovering vast unreported stockpiles and underexplored hardrock targets, with drilling set to begin in June 2026.

Infotrust appoints seasoned tech executive Paul Timmins as CEO, signaling a new phase of growth and cash profitability. The company updates its FY26 second-half EBITDA guidance to $2.3 million amid ongoing cyber security investments and cost efficiencies.

Condor Energy has submitted its application to convert the offshore Tumbes Basin TEA 86 into a Licence Contract, securing 100% ownership and expanding its prospective resources to over 3.3 billion barrels of oil and 1 Tcf of gas.

Forrestania Resources has reported significant high-grade gold intersections from its 2026 drilling campaign at the Mt Palmer Gold Project, reinforcing the potential to expand its mineral resource near key processing infrastructure in Western Australia.