Latest Competition News

Aerometrex has renewed and extended its multi-million dollar agreement with Landchecker, significantly increasing its annual recurring revenue through the MetroMap platform.

Silk Logistics Holdings and DP World Australia have agreed to push back the deadline for their acquisition deal, awaiting a key regulatory decision from the ACCC.

Microba Life Sciences has announced a $14.5 million capital raising, including a $2 million fully underwritten Securities Purchase Plan (SPP) and a $12.5 million Placement, aimed at fast-tracking commercialisation of its microbiome diagnostic tests in Australia and the UK.

KKR Credit Income Fund has announced its distribution guidance for FY2026, maintaining a monthly payout of 1.67 cents per unit and targeting an annual yield above 8%, consistent with the previous year.

Oceania Healthcare’s CEO delivered a confident first AGM address highlighting robust sales growth, operational efficiencies, and a refreshed strategic vision focused on care quality and sustainability.

BWP Trust and Wesfarmers have agreed on a transformative $142.6 million transaction involving management internalisation, lease extensions with Bunnings, and capital commitments to upgrade stores, aiming to boost income certainty and distribution growth.

ALS Limited reported a robust FY25 with 16% revenue growth to AUD 3 billion, underpinned by strong organic expansion and key acquisitions. Despite slight NPAT decline, the company advances its sustainability agenda and invests in global lab upgrades.

Reece Limited projects FY25 EBIT between A$548m and A$558m, citing ongoing softness in housing markets across Australia, New Zealand, and the US, alongside rising competition in its key US residential construction segment.

Kelly Partners Group Holdings has completed its first capital raising since its 2017 IPO, issuing shares at a premium to its Operating Partners and reinforcing their stake in the business.

Garda Property Group has reported a modest increase in the valuation of its industrial property portfolio, lifting the total to over $521 million ahead of its FY25 annual report.

Central Asia Metals has increased its takeover offer for New World Resources to A$0.062 per share after acquiring a significant stake, valuing the company at around A$230 million.

Argosy Minerals has executed a spot sales contract for 60 tonnes of battery-grade lithium carbonate from its Rincon project, locking in a price tied to the SMM benchmark. This deal underscores the company’s emerging role in the resurging lithium market.