Latest Competition News

PointsBet Holdings has highlighted that Betr Entertainment’s proposed takeover offer undervalues its shares compared to MIXI Australia’s superior $1.20 cash bid, intensifying the takeover battle.

betr Entertainment has unveiled a compelling all-scrip takeover offer for PointsBet, featuring an $80 million selective buy-back to provide liquidity and promising significant value creation for shareholders.

AML3D has opened a cutting-edge Wire-Arc Additive Manufacturing facility in Ohio, enhancing U.S. defense production and supporting the AUKUS partnership. The new site aims to supply critical components for the Virginia-class submarine program while creating local jobs.

Zoono Group Limited has announced a pro rata non-renounceable rights issue aiming to raise approximately $1.78 million at $0.035 per share. The capital raise will support shelf-life extension projects, repay related party debt, and bolster working capital.

Argenica Therapeutics has won up to $1.5 million in non-dilutive government funding to support its late-stage clinical trial of ARG-007, a promising treatment for acute ischaemic stroke.

Zoono Group Limited is raising nearly $1.8 million through a non-renounceable rights issue to fund its supermarket shelf-life extension project in Asia and reduce related party debt.

AIC Mines has locked in a US$40 million prepayment facility tied to a copper offtake agreement with Trafigura, aiming to boost processing capacity at its Eloise mine.

Lendlease has completed the $235 million sale of its 70% stake in Capella Capital to Sojitz Corporation, advancing its broader $2.5 billion capital recycling strategy aimed at simplifying the group and focusing on core Australian operations.

Growthpoint Properties Australia has announced a final distribution of 9.1 cents per security for FY25, maintaining its full-year guidance and sustainability commitments.

Mach7 Technologies has expanded its partnership with a major US radiology marketplace, signing a five-year licence amendment worth A$5 million that extends the contract by three years and adds significant value.

Black Cat Syndicate has fast-tracked its Lakewood processing tolling program and appointed Tim Mason as COO to streamline operations and support its More Gold Sooner strategy.

Babylon Pump & Power has successfully placed over 202 million shortfall shares, raising approximately $811,728 from sophisticated investors as part of its recent entitlement offer.