Latest Divestments News

Page 102 of 112
Dexus Convenience Retail REIT has rebounded strongly with a $14.7 million net profit for the half-year ending December 2024, underpinned by a resilient portfolio and active redevelopment plans.
Eva Park
Eva Park
10 Feb 2025
Patronus Resources has initiated an on-market takeover offer for Matsa Resources at $0.045 per share, representing a significant premium and aiming to consolidate its position in gold exploration.
Maxwell Dee
Maxwell Dee
10 Feb 2025
Moho Resources has agreed to sell its Empress Springs Project in Western Queensland for $1.258 million, including deferred payments and a retained royalty, as it refocuses its portfolio.
Maxwell Dee
Maxwell Dee
10 Feb 2025
Xstate Resources has divested its 25% stake in the Crest Jinn assets in Alberta, Canada, opting for a modest royalty interest as it refocuses amid geopolitical and operational uncertainties.
Victor Sage
Victor Sage
7 Feb 2025
Pact Group Holdings has responded to an ASX price query, confirming no undisclosed material information and previewing a modest earnings uplift for the half-year ending December 2024.
Victor Sage
Victor Sage
7 Feb 2025
Charter Hall Long WALE REIT reported a resilient half-year performance with near-full occupancy and solid income growth, reaffirming its FY25 earnings and distribution guidance amid strategic portfolio adjustments.
Eva Park
Eva Park
7 Feb 2025
Charter Hall Long WALE REIT reported solid first-half results for FY25, maintaining strong portfolio occupancy and lease terms while executing significant asset sales and strategic acquisitions. The REIT reaffirmed its full-year earnings and distribution guidance, underscoring confidence in its long-term growth strategy.
Eva Park
Eva Park
7 Feb 2025
Charter Hall Long WALE REIT has reversed last year’s heavy losses, reporting a statutory profit of $51.3 million for the half year ended December 2024, while maintaining steady distributions to investors.
Eva Park
Eva Park
7 Feb 2025
News Corporation reported a robust half-year performance with revenues up 4% to $4.33 billion and net income soaring 80% to $334 million, while advancing its strategic pivot through the planned sale of Foxtel.
Elise Vega
Elise Vega
7 Feb 2025
ReNu Energy has agreed to sell its Countrywide Hydrogen Business, including a key Tasmanian green hydrogen project, to a management-controlled entity for up to $1.1 million, pending shareholder approval. This strategic divestment aims to relieve financial pressures and reposition the company as a debt-free vehicle focused on new growth opportunities.
Maxwell Dee
Maxwell Dee
6 Feb 2025
Novo Resources has significantly expanded its Australian exploration footprint through three new high-potential farm-in and joint venture agreements, while maintaining a robust financial position with A$12.1 million in cash and A$43.8 million in investments.
Maxwell Dee
Maxwell Dee
6 Feb 2025
Australian Food Super (AFS) has initiated a compulsory buy-out of the last remaining convertible securities in Dynamic Group Holdings Limited (DDB) following its near-total takeover. The buy-out offer aligns with an independent expert valuation, signaling the final phase of AFS's consolidation.
Claire Turing
Claire Turing
6 Feb 2025