Latest Corporate Takeovers News

Mangawhai Collective aims to boost its stake in Bremworth from 19.73% to a controlling interest by offering NZD 0.90 per share for nearly 44% of outstanding shares, subject to conditions and shareholder precommitments.

Austral Resources has lodged a binding offer to acquire Hammer Metals for $80.7 million, trumping Larvotto Resources' earlier $61.2 million scheme. The proposal includes a demerger of Hammer’s WA gold assets and positions Hammer shareholders to own about 31% of the combined entity.

Ida Metal Investments has increased its stake in Zenith Minerals to just over 10% yet does not intend to accept Forrestania Resources' takeover bid. Despite this, Zenith's board continues to recommend acceptance of the offer, which requires just over 50% shareholder support to proceed.

Loyal Metals has sent its Scheme Booklet to shareholders detailing the proposed A$0.45 per share acquisition by PT Bumi Resources, setting the stage for a shareholder vote on 20 August 2026.

Forrestania Resources has extended its takeover offer for Zenith Minerals shares to 31 July 2026 following a binding agreement to acquire the Edna May Gold Project for A$300 million, backed by a $310 million capital raising.

Hammer Metals has received a non-binding proposal from Austral Resources to acquire 100% of its shares via a scheme, coupled with a demerger of its WA gold assets into a separate entity valued at 8.7 cents per share.

Genesis Minerals has tabled a binding offer to acquire Vault Minerals for approximately $5.6 billion, outbidding a prior scheme with Regis Resources and triggering a five-day matching period.

Pan African Resources has completed its acquisition of Emmerson Resources through a Court-approved scheme, with Emmerson shares now transferred and shareholders issued Pan African CDIs. Emmerson will be delisted from the ASX on 2 July 2026.

The Supreme Court of Western Australia has approved ACAM GP Limited’s full acquisition of Hartshead Resources via a scheme of arrangement, setting the stage for the company’s ASX suspension and shareholder payouts next month.

Horizon Oil confirms its takeover offer for Cue Energy shares as best and final, holding a majority stake and with all regulatory approvals cleared. The offer period closes on 19 June 2026, with liquidity risks flagged for minority shareholders who abstain.

ReadyTech Holdings has dismissed an unsolicited acquisition proposal valuing the company at $2.00 per share, calling it undervalued and unworkable. The offer includes a parallel off-market bid at $1.75 per share with a 50.1% minimum acceptance condition.

Rakon Limited has swung back to profit in FY26, reporting a 24% revenue lift and doubling EBITDA, while Bourns' takeover offer edges closer to completion with 85% shareholder acceptance and pending French regulatory approval.