Latest Competition News

HMC Capital has cleared key regulatory hurdles and locked in a $603 million investment from KKR, trimming its stake in the energy platform now rebranded as Illuma Energy. The deal paves the way for expanded battery storage projects and underpins a targeted development milestone in 2026.

Vista Group has landed a significant contract to transition Cineplexx’s European cinema circuit to its cloud-based Operational Excellence platform, covering 59 sites and over 400 screens across 11 countries.

CTI Logistics expects a 75% increase in profit before tax for FY26, driven by strong revenue growth and operational efficiencies in Western Australia despite relocation expenses.

Ashley Services Group is set to acquire major logistics labour hire contracts generating $162 million in annual revenue, with the deal expected to enhance earnings per share in FY27.

Pacific Edge reported a $35.8 million loss in FY26 amid a 47% revenue drop following Medicare coverage loss, but a draft Medicare policy and $36.1 million capital raise set the stage for recovery.

Mesoblast has drawn US$50 million from a new five-year facility that reduces its interest burden and retires expensive short-term debt, strengthening its financial position ahead of commercial expansion.

Australian Rare Earths (ASX: AR3) has announced a maiden Ore Reserve of 26 million tonnes at 920 ppm TREO for its Koppamurra Rare Earths Project, underpinned by a robust Pre-Feasibility Study delivering an A$858 million post-tax NPV and a rapid payback of less than one year.

SunRice reported a 4% rise in net profit after tax for FY26 to $73.3 million, maintaining an 8% EBITDA margin despite a 2.5% revenue decline. The company declared a record fully franked dividend of 70 cents per share but expects FY27 profit to fall amid a smaller Australian rice crop.

Pro Medicus has inked a binding Heads of Agreement with Echo IQ to finance and resell AI algorithms targeting cardiovascular conditions, aiming to integrate these into its Visage 7 Cardiology platform.

Li-S Energy has secured ISO 9001:2015 certification for its lithium foil production in Geelong and completed its first commercial shipment to a leading Australian battery research institution, marking a key step in establishing a sovereign lithium foil supply chain.

Credit Clear's subsidiaries ARMA and Force Legal are defending allegations by the ACCC of Australian Consumer Law breaches related to debt collection communications over a three-year period.

Otto Energy has launched a formal process to sell its Gulf of America oil and gas holdings, aiming to unlock shareholder value amid favourable commodity prices. The move includes key assets South Marsh Island 71 and Green Canyon 21, with no set timeline or guarantee of sale completion.