Latest Acquisitions News

Coolabah Metals Limited is set to raise $15-20 million through a public offer to acquire Broken Hill Mines Pty Ltd, aiming to restart operations at the Rasp and Pinnacles Mines in NSW. The move marks a strategic shift towards production, subject to shareholder and ASX approvals.

Perpetual Limited has successfully refinanced its syndicated debt facilities with improved terms, pushing out maturities and lowering its gross debt forecast for FY25.

ALS Limited has completed a significant institutional placement, issuing over 20.9 million shares at A$16.70 each, bolstering its capital base without the need for full disclosure under the Corporations Act.

Cash Converters has secured a £12 million growth facility from Lloyds Bank and agreed to acquire 10 UK franchise stores, marking a significant step in its UK expansion strategy.

Mayfield Group Holdings has agreed to acquire BE Switchcraft for $7 million, enhancing its manufacturing footprint and product range in energy management and automation. The deal positions Mayfield as a stronger player in Australia's electrical infrastructure market.

Victor Group Holdings has requested a voluntary suspension of its shares starting June 2, pending a significant acquisition announcement expected by June 5.

High-Tech Metals has completed its acquisition of the Mt Fisher and Mt Eureka Gold Projects, gaining a substantial 1,150km² landholding and a combined gold resource of 187,000 ounces. The company is set to launch an extensive drilling campaign and a joint venture to process historic gold stockpiles.

Excite Technology Services reported a strong 53% revenue increase to $12.27 million for FY2025 but also saw its net loss nearly double to $4.44 million. The company expanded its footprint with the acquisition of digital forensics specialist CBIT Pty Ltd.

Tamboran Resources has successfully closed the first tranche of its PIPE, raising US$38.7 million to advance its Beetaloo Basin projects, with a second tranche pending shareholder approval.

NinjaOne has completed its acquisition of Dropsuite, paying shareholders $5.90 per share and installing a new board as the company prepares to delist from the ASX.

Austco Healthcare has completed its strategic acquisition of New Zealand’s G&S Technologies, enhancing its healthcare communication offerings and direct sales reach in the region.

Wingara AG Limited reported an 18% revenue increase to $3.5 million for FY25 but posted a reduced net loss of $1.47 million, reflecting a strategic pause in fodder operations amid challenging market conditions.