Latest Divestments News

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betr Entertainment Limited has launched a superior all-scrip takeover offer for PointsBet Holdings Limited, valuing PointsBet shares between $1.22 and $1.29 each and aiming to create Australia’s fourth largest online wagering operator. The deal promises substantial cost synergies and strategic growth opportunities.
Victor Sage
Victor Sage
18 Aug 2025
Ampol Limited reported a resilient first half in 2025 with steady earnings and declared a fully franked interim dividend, while announcing a transformative acquisition of EG Australia pending regulatory approval.
Maxwell Dee
Maxwell Dee
18 Aug 2025
Ampol Limited posted a statutory net loss of $25.3 million for the first half of 2025, impacted by significant items and inventory losses, while continuing to invest in electric vehicle infrastructure and fuel supply chain enhancements.
Maxwell Dee
Maxwell Dee
18 Aug 2025
The a2 Milk Company delivered record FY25 results with $1.9 billion in sales and announced a transformative acquisition of a New Zealand manufacturing facility, alongside divesting its stake in Mataura Valley Milk and planning a $300 million special dividend.
Victor Sage
Victor Sage
18 Aug 2025
The a2 Milk Company reported a robust 21% rise in net profit for FY25, driven by strong growth in China and the USA, alongside a landmark full-year dividend declaration and major supply chain restructuring.
Victor Sage
Victor Sage
18 Aug 2025
The a2 Milk Company reported record FY25 results with $1.9 billion in sales and declared its first-ever dividends, while advancing a major supply chain overhaul through a key New Zealand manufacturing acquisition and divestment.
Victor Sage
Victor Sage
18 Aug 2025
Mantle Minerals has completed the $13.5 million sale of its Mt Roe subsidiary to Northern Star Resources, redirecting funds to advance exploration at Yule River and Pardoo projects.
Maxwell Dee
Maxwell Dee
15 Aug 2025
Ampol has agreed to acquire EG Australia for $1.1 billion, significantly expanding its retail footprint and accelerating its convenience retail strategy. The deal promises strong financial returns and awaits regulatory approval.
Maxwell Dee
Maxwell Dee
14 Aug 2025
Orora reported a solid FY25 with EBIT up 9.5% and NPAT rising 18%, driven by full-year Saverglass contribution and robust cans volume growth. The company completed its portfolio transformation by divesting OPS and is investing heavily in cans capacity amid a challenging global environment.
Victor Sage
Victor Sage
14 Aug 2025
Orora Limited reported a 24.4% increase in FY25 revenue to A$2.09 billion, marking the completion of its strategic portfolio reshaping with the sale of its North American packaging business. The company advances sustainability targets while maintaining steady dividends and a share buyback program.
Victor Sage
Victor Sage
14 Aug 2025
Telstra has entered a strategic partnership with Infosys by divesting a majority stake in its Versent Group, aiming to sharpen its focus on core connectivity while accelerating digital transformation services through global collaboration.
Sophie Babbage
Sophie Babbage
14 Aug 2025
Suncorp Group Limited reported a strong FY25 with record profits, driven by favourable natural hazard experience and strategic asset sales, while announcing a $400 million share buy-back and an optimistic outlook for FY26.
Claire Turing
Claire Turing
14 Aug 2025