Latest Corporate Control News

Horizon Oil has removed the final hurdle in its Cue Energy takeover, declaring the offer unconditional and speeding up payment to shareholders.

Finico Pty Ltd will not extend its unconditional cash offer for DTI Group shares, set to close on 29 May 2026, signaling a major governance shake-up and potential delisting.

Finico Pty Ltd, already holding 57.5% of DTI Group, has launched an on-market takeover offer for all remaining shares at 1.2 cents each, representing a 20% premium over the last close. The offer opens 29 April and closes 29 May 2026, with Shaw and Partners appointed to facilitate the purchases.

The Takeovers Panel has temporarily stayed its previous orders against Humm Group Limited following a review application by Mr Andrew Abercrombie. The interim measure preserves the status quo while the review is underway, delaying enforcement of the initial rulings.

Cue Energy Resources has lodged an application with the Takeovers Panel contesting Horizon Oil's off-market takeover bid, alleging undisclosed arrangements and anti-competitive conduct that could undermine a fair market for control.

The Takeovers Panel has received a formal review application challenging its recent decision on Humm Group Limited, signaling potential further scrutiny of the corporate governance dispute.

The Takeovers Panel has intervened to adjourn Humm Group's shareholder meeting amid ongoing disputes, extending the timeline for key decisions.

Identitii Limited has voluntarily suspended trading of its deferred settlement securities following a takeover dispute initiated by Mitchell Asset Management. The suspension awaits a critical announcement on the Takeovers Panel's decision.

TT Investments, led by Tony Pitt, has initiated an unconditional on-market takeover offer for 360 Capital Group at $0.31 per security, representing a 24% premium to recent trading prices. The bidder already controls over 96% of the group’s securities.

Suzerain Investment Holdings has declared its takeover offer for Entertainment Rewards Limited unconditional, now holding a 90.88% stake and urging remaining shareholders to accept before the December 31 deadline.

Locate Technologies Limited will be suspended from ASX trading following court approval of a scheme making Locate NZ the new parent company.

The Takeovers Panel has directed Emu NL and its former directors to cover a combined $41,712 in costs incurred by Wayburn Holdings during takeover proceedings, underscoring ongoing regulatory scrutiny.