Latest Competition News

Supply Network Limited reported strong FY2025 financial results with robust revenue and profit growth, alongside strategic network expansions and IT upgrades. The company is on track to meet its $50 million revenue growth target for FY2026, supported by a new three-year business plan.

Smartpay Holdings has secured final court approval for its acquisition by Shift4 Holdings, setting the stage for share suspension and delisting in early November. Shareholders will receive NZ$1.20 per share in cash upon completion, pending final conditions.

Kinatico Limited reported a robust start to FY26, with SaaS revenue surging 58% and a fresh marketing campaign aimed at SMBs and enterprises. The company balances growth with profitability, setting the stage for international expansion.

Orion Resource Partners has agreed to acquire a quarter stake in Capstone Copper’s Santo Domingo and Sierra Norte projects, injecting up to US$360 million contingent on project milestones and a positive investment decision.

Jindalee Lithium has raised approximately A$8 million through a share placement priced at 55 cents per share, while also issuing options to key participants. Further share and option issuances await shareholder approval in December.

Elanor Commercial Property Fund has reported a steady Q1FY26 distribution and reaffirmed its full-year guidance, underpinned by significant lease agreements and a strategic debt refinancing.

Immuron Limited has launched PROIBS®, a new medical device aimed at relieving symptoms of Irritable Bowel Syndrome (IBS), entering a growing Australian market with strong early demand.

Mad Paws Holdings Limited convened a pivotal Scheme Meeting to seek shareholder approval for its $61.5 million acquisition by Rover Group, Inc., with the Board unanimously backing the deal. Key conditions precedent have been met, setting the stage for final court approval and scheme implementation in November.

Cuscal Limited has secured a crucial regulatory win as the ACCC clears its full acquisition of Indue Limited, setting the stage for completion by year-end pending final approvals.

Evion Group has raised $2.3 million through a placement led by US-based Atlas Strategic Assets, aiming to expand graphite production in India and develop new facilities in the US. This move highlights Evion's growing role in critical minerals supply chains for allied industrial and defense sectors.

The ACCC has approved Cuscal Limited’s acquisition of Indue Limited, concluding the deal won’t significantly reduce competition in payment facilitation services. The decision highlights ongoing industry consolidation balanced by multiple alternative providers and technological shifts.

Meteoric Resources has confirmed the Caldeira Rare Earth Project as a world-class, long-life asset with a maiden Ore Reserve and strong Pre-Feasibility Study results, while advancing pilot plant commissioning in Brazil.