Latest Asx Takeovers News

African Gold Ltd’s takeover by Montage Gold Corp moves a step closer as the Supreme Court of Western Australia approves its Share and Option Schemes, triggering suspension of trading and setting key dates for implementation.

Suzerain Investment Holdings has declared its takeover offer for Entertainment Rewards Limited unconditional, now holding a 90.88% stake and urging remaining shareholders to accept before the December 31 deadline.

Elanor Commercial Property Fund’s Independent Board Committee has unanimously recommended rejecting Lederer Group’s unsolicited $0.70 per security takeover offer, citing significant undervaluation and strategic risks. The committee advises securityholders to take no action until a detailed target’s statement is released.

Yowie Group has announced an all-scrip off-market takeover bid for Keybridge Capital, offering one Yowie share per Keybridge share. The bid is subject to key regulatory and shareholder approvals, setting the stage for a significant consolidation in the ASX-listed consumer goods and investment sectors.