Latest Corporate Takeover News

Forrestania Resources and Zenith Minerals have formalised an amended takeover implementation deed, setting out detailed terms for Forrestania's bid including offer ratios, board changes, and break fees.

Cue Energy Resources posted a solid quarter with a 16% production rise and $13.6 million cash receipts, backed by new drilling and a refreshed board after Horizon Oil's takeover.

Zenith Minerals has reaffirmed its board's unanimous recommendation for shareholders to accept Forrestania Resources' off-market takeover offer, which includes a premium valuation and follows Forrestania's recent $310 million capital raising and strategic acquisition of the Edna May Gold Hub.

Atlas Arteria extinguishes a US$100 million put option with Ontario Teachers’ Pension Plan, pauses Chicago Skyway sale, and faces a dismissed Dulles Greenway rate case with potential appeal.

PointsBet’s FY26 nine-month report reflects a transitional period marked by MIXI’s 66.4% takeover, a slight revenue dip to AUD 186.6 million, and a near breakeven normalised EBITDA. Australian revenue softened by 4%, while Canada grew 13% driven by iGaming momentum.

Strata Investment Holdings has dismissed a cash acquisition proposal from Freedom BidCo, citing undervaluation, even as it raises A$8 million to fund strategic investments and litigation.

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.

Ainsworth Game Technology Limited has released its Target’s Statement recommending shareholders accept an unconditional proportional off-market takeover bid by Mr Kjerulf David Hastings Ainsworth at $1.30 per share, representing a premium to recent trading prices.

TPC Consolidated and Wollar Solar have mutually terminated their acquisition agreement after unmet conditions, but both remain open to future partnerships.

Embark Early Education Limited has initiated an off-market takeover bid for Mayfield Childcare Limited, offering shareholders a choice between scrip or cash consideration at a significant premium. The bid aims to consolidate operations and expand Embark’s footprint across Australia’s childcare sector.

Toro Energy has secured a crucial Foreign Investment Review Board approval for its acquisition by IsoEnergy, moving the deal closer to completion. Shareholder and court approvals remain as the next steps.

Mayfield Childcare reports steady occupancy growth and improved earnings in late 2025, setting a stronger foundation for FY26 amid sector challenges and an impending takeover offer from Embark Education.