Latest Change Of Control News

Credit Corp Group Limited reported a robust 14.6% revenue increase and an 85.6% jump in profit after tax for the year ended June 2025, alongside a significant dividend hike.

Austal Limited has finalized a Strategic Shipbuilding Agreement with the Commonwealth of Australia, positioning its subsidiary as the nation’s key Tier 2 naval shipbuilder. This long-term pact sets the stage for significant defence vessel construction in Western Australia.

Washington H. Soul Pattinson and Brickworks Limited have unveiled plans to merge via inter-conditional schemes, creating a new ASX-listed entity, Topco. The combination promises enhanced liquidity, portfolio diversification, and a stronger balance sheet, with expert endorsement affirming its benefits for shareholders.

Beach Energy reported a 13% increase in revenues for FY25 but faced a steep 91% drop in net profit after tax, slipping into a loss. Meanwhile, underlying profit showed a healthier 32% gain, highlighting a complex financial picture.

Xanadu Mines Ltd shares will be suspended from ASX trading following compulsory acquisition notices issued by Bastion Mining Pte. Ltd, signaling a significant shift in ownership.

Atturra Limited is set to acquire Blue Connections Pty Ltd for $18 million upfront plus earn-out, significantly boosting its managed services portfolio and establishing a new Victorian hub.

Yowie Group Limited has explained the delayed filing of director interest notices following a contested board change, committing to stronger governance measures to prevent future lapses.

Platinum Asia Investments Limited (PAI) has announced a proposed restructure via a scheme of arrangement to exchange its shares for units in the Platinum Asia Fund Complex ETF (PAXX), aiming to resolve a persistent discount to net tangible asset value (NTA). The scheme, supported by independent directors and deemed fair by an expert, includes a potential special dividend and awaits shareholder and court approval.

Vigorous Resources has launched an unconditional off-market takeover bid for all shares in Rey Resources at a 160% premium, backed by unanimous board support and funding from a major shareholder.

Vigorous Resources has initiated an unconditional off-market takeover offer for all shares of Rey Resources at a 155% premium, with unanimous support from the Rey board. The bid, funded by a major shareholder loan, aims to provide immediate cash value to Rey shareholders and could lead to Rey's delisting from ASX.

Uvre Limited has satisfied all final conditions to acquire promising New Zealand gold assets and is poised to complete the transaction this week. The company is gearing up for its maiden drilling program at the Waitekauri Gold Project following strong initial assay results.

Andromeda Metals has launched a $5 million capital raising via a Placement, accompanied by Placement and Broker Options, to advance its flagship Great White Project and High Purity Alumina development.