Latest Australian Stock Exchange News

Ridley Corporation has agreed to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, backed by a $125 million equity raise. This move positions Ridley as a leading diversified agricultural services provider with a new growth pillar.

Growthpoint Properties Australia has raised its FY25 funds from operations guidance and expanded its logistics portfolio with a $40 million industrial asset acquisition in Queensland, signaling strong operational momentum.

SelfWealth Ltd has officially been acquired by Syfe’s holding company, with shareholders receiving $0.28 per share and the company set to delist from the ASX on May 8.

Macarthur Minerals is voluntarily delisting from the TSX Venture Exchange and OTC Market to focus on its Australian Stock Exchange listing, aiming to streamline operations and better serve its predominantly Australian investor base.

Seven West Media has agreed to acquire Southern Cross Media's television licences, completing its national broadcast network and boosting its digital and live TV offerings across Australia.

Southern Cross Media Group has agreed to sell its remaining television assets to Seven West Media, marking its full exit from TV and a sharpened focus on audio.

Northern Star Resources has completed its acquisition of De Grey Mining through a scheme of arrangement, issuing new shares to De Grey shareholders and initiating De Grey’s imminent ASX delisting.

Norwest Minerals has been granted a key mining lease for its Bulgera Gold Project and launched a $4.85 million entitlement offer to fund aggressive resource drilling and mining evaluations. Meanwhile, exploration at West Arunta reveals promising titanium and base metal intersections, underpinning the company’s growth ambitions.

Global Lithium Resources has resumed its Definitive Feasibility Study at the Manna Lithium Project, focusing on cost optimization and project economics, while advancing heritage and native title agreements. The company also reported significant board changes and a robust cash position heading into 2025.

betr Entertainment has unveiled a $360 million proposal to acquire PointsBet, backed by a $130 million equity raise and promising $40 million in annual synergies. The move aims to reshape the Australian wagering landscape with enhanced funding certainty and operational integration.

TPC Consolidated Limited has extended the sunset date of its acquisition scheme with Wollar Solar Holding to June 30, 2025, as it awaits Foreign Investment Review Board approval. The extension underscores regulatory hurdles impacting the transaction timeline.

Monadelphous Group Limited has agreed to acquire Perth-based High Energy Service for $21.5 million, bolstering its footprint in high voltage electrical services and supporting Australia's energy transition.