Latest Compulsory Acquisition News

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MIXI Australia has firmly rejected betr’s all-scrip takeover offer for PointsBet, preventing betr from gaining majority control and forcing a stalemate in the takeover battle.
Claire Turing
Claire Turing
25 Aug 2025
Trading in New World Resources Limited shares has been suspended following compulsory acquisition notices issued by Kinterra Capital, signaling a major ownership shift.
Maxwell Dee
Maxwell Dee
21 Aug 2025
MIXI Australia has extended its unconditional all-cash takeover offer for PointsBet shares, providing shareholders with a certain and attractive alternative to PointsBet’s conditional scrip bid. The offer now runs until 29 August 2025 at A$1.30 per share for acquisitions above 90%.
Claire Turing
Claire Turing
21 Aug 2025
MIXI Australia has extended its takeover offer for PointsBet to August 29 and plans a final price increase to A$1.30 per share, contingent on securing 90% ownership.
Claire Turing
Claire Turing
21 Aug 2025
MIXI Australia has extended its takeover offer for PointsBet shares to 29 August 2025 and announced a conditional increase in the offer price from $1.25 to $1.30 per share, aiming to secure at least 90% ownership.
Claire Turing
Claire Turing
21 Aug 2025
PointsBet Holdings Limited has lodged its Target’s Statement advising shareholders to reject the unsolicited all-scrip takeover offer from betr Entertainment Limited, endorsing instead the competing all-cash bid from MIXI Australia. The PointsBet Board highlights significant concerns over betr’s offer, including valuation, liquidity, and conditionality.
Victor Sage
Victor Sage
21 Aug 2025
LDR Assets Pty Ltd, part of the Lederer Family Office, has initiated an off-market takeover offer for all stapled securities in the Elanor Commercial Property Fund at a 5.3% premium to recent prices. The bid signals a potential overhaul of ECF’s management and governance.
Eva Park
Eva Park
20 Aug 2025
Novomatic AG has launched an unconditional A$1.00 per share cash takeover offer for all remaining shares in Ainsworth Game Technology Limited, representing a 35% premium to pre-announcement prices. The offer runs alongside a previously announced scheme and comes with unanimous support from Ainsworth's Independent Board Committee.
Victor Sage
Victor Sage
20 Aug 2025
Sandon Capital Investments Limited reported a robust FY25 with a 28.2% total shareholder return, driven by a 32.2% gross portfolio gain and a $24.65 million net profit. The company also announced a fully franked quarterly dividend, underscoring its commitment to shareholder income.
Claire Turing
Claire Turing
19 Aug 2025
betr Entertainment Limited has launched a superior all-scrip takeover offer for PointsBet Holdings Limited, valuing PointsBet shares between $1.22 and $1.29 each and aiming to create Australia’s fourth largest online wagering operator. The deal promises substantial cost synergies and strategic growth opportunities.
Victor Sage
Victor Sage
18 Aug 2025
betr Entertainment Limited has lodged a replacement bidder’s statement enhancing its all-scrip takeover offer for PointsBet Holdings Limited, promising significant cost synergies and a stronger foothold in Australia’s wagering market.
Victor Sage
Victor Sage
18 Aug 2025
Vigorous Resources has secured over 94% of Rey Resources shares and initiated compulsory acquisition, setting the stage for Rey's imminent ASX delisting.
Maxwell Dee
Maxwell Dee
8 Aug 2025