Latest Divestments News

Page 3 of 124
Perpetual Limited is sharpening its focus on asset management and corporate trust following the binding agreement to sell its Wealth Management arm to Bain Capital for $500 million upfront, aiming to strengthen its balance sheet and simplify operations.
Claire Turing
Claire Turing
6 May 2026
Careteq Limited has cleared $125,000 in director and company secretary loans a month ahead of schedule, using proceeds from a recent $2.2 million capital raising. This move strengthens the healthtech firm’s balance sheet and removes related-party debt ahead of maturity.
Ada Torres
Ada Torres
6 May 2026
Ampol Limited showcased resilience in 2025 with strong refining margins supported by government payments and robust retail growth, while awaiting ACCC approval for its EG Australia acquisition promising significant synergies.
Maxwell Dee
Maxwell Dee
5 May 2026
Flight Centre Travel Group posted strong nine-month growth with record transaction values and profit gains, while geopolitical unrest in the Middle East caused a $10 million hit to leisure profits in April. The corporate segment remains robust, and the company maintains its full-year profit guidance amid ongoing AI-driven efficiency improvements and strategic portfolio reshaping.
Victor Sage
Victor Sage
5 May 2026
Nine Entertainment’s acquisition of QMS Media and sale of Nine Radio mark a strategic pivot, with strong Q3 digital and subscription revenue growth cushioning a cautious Q4 advertising environment.
Victor Sage
Victor Sage
5 May 2026
Sports Entertainment Group (SEG) has upgraded its FY26 Underlying EBITDA guidance to a range of $15.5 million to $16.5 million, reflecting broad-based growth and operational efficiencies across its media and events businesses.
Victor Sage
Victor Sage
4 May 2026
Accent Group revises down FY26 earnings guidance following April sales hit from geopolitical tensions and announces ASIC investigation into past securities trading involving senior executives.
Logan Eniac
Logan Eniac
4 May 2026
Great Boulder Resources is set to acquire Westgold’s Peak Hill Gold Project for $25 million cash, a 19.9% stake, and a 1% royalty, significantly boosting its gold resources and advancing near-term production plans.
Maxwell Dee
Maxwell Dee
4 May 2026
Xstate Resources reports smooth progress at its Diona-1 well in Queensland, completing stimulation and preparing for a 14-day flow test after detecting methane gas during flowback.
Maxwell Dee
Maxwell Dee
4 May 2026
Experience Co has finalised the sale of its Wild Bush Luxury portfolio for $5.1 million, using the proceeds to reduce corporate debt as it sharpens its focus on scalable adventure tourism.
Victor Sage
Victor Sage
1 May 2026
Flynn Gold has offloaded its Forrestania and Lake Johnston projects to Forrestania Resources for $350,000 in shares, sharpening its focus on Tasmanian gold, tungsten, and silver ventures.
Maxwell Dee
Maxwell Dee
1 May 2026
Multistack International reversed a $1.68 million loss to report a $2.26 million profit in 2025, driven by $4 million in settlement and asset disposal income. The company plans to exit its loss-making Australian operations through a share disposal while exploring new business avenues.
Victor Sage
Victor Sage
1 May 2026