Latest Court Approvals News

The Federal Court of Australia has authorised NSX Limited to hold a shareholder meeting to vote on the proposed acquisition by CNSX Markets’ related entity. The detailed Scheme Booklet, including an Independent Expert's Report, is now available to guide investor decisions.

Brickworks Limited will be removed from the S&P/ASX 200 index on 16 September 2025 following its acquisition of Washington H. Soul Pattinson. Catalyst Metals Limited will replace it, marking a notable shift in the index composition.

Computershare Limited has announced an ordinary dividend of AUD 0.48 per share for the half-year ending June 2025, alongside a confirmed Dividend Reinvestment Plan price of AUD 37.64.

Peak Rare Earths has secured an increased cash offer from Shenghe Resources, valuing the company at A$195 million. An independent expert confirms the revised scheme remains fair and reasonable for shareholders.

Shenghe Resources has increased its cash offer to acquire Peak Rare Earths to A$195 million, representing a significant premium and a best and final proposal. The Peak Independent Board Committee unanimously recommends shareholders support the scheme, pending an independent expert's endorsement.

Duxton Dairies (Cobram) Pty Ltd (Duxton Walnuts) shareholders are set to vote on a scheme of arrangement for acquisition by Duxton Farms Ltd, with an independent expert concluding the merger is fair and reasonable. The transaction is part of a broader agricultural merger including Duxton Bees, Duxton Dried Fruits, and potentially Duxton Orchards.

Duxton Farms proposes a scheme of arrangement to acquire all preference shares of Duxton Orchards, offering scrip with optional cash consideration. An independent expert values the transaction as fair and reasonable, highlighting the strategic benefits of a larger, diversified agricultural platform.

Duxton Farms Ltd has announced a scheme of arrangement to acquire all issued preference shares of Duxton Dried Fruits Pty Ltd, offering a mix of scrip and cash consideration. An independent expert has assessed the transaction as fair and reasonable, endorsing the merger as a strategic step to create a diversified agricultural investment platform.

Duxton Farms has reached a key milestone in its merger with four agricultural businesses, securing ASIC registration of scheme books and scheduling crucial shareholder meetings for October.

Noumi Limited has completed its $11.56 million payment towards a $43 million class action settlement, now unconditional following Victorian Supreme Court approval. The payment was made by insurers, activating legal releases for the company.

Johns Lyng Group Limited (JLG) shareholders are set to vote on a scheme of arrangement that would see Sherwood BidCo Pty Ltd, backed by Pacific Equity Partners, acquire 100% of JLG shares at a significant premium. The scheme booklet, now registered with ASIC, outlines a $4.00 per share cash consideration and an option for management shareholders to receive scrip in the acquirer's holding company.

Washington H. Soul Pattinson and Brickworks Limited are advancing their proposed merger with key shareholder meetings and Supreme Court hearings scheduled in September 2025.