Latest Divestments News

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Asara Resources reports strong initial drilling results at its Massan prospect within the Kada Gold Project, confirming high-grade gold continuity and new deeper mineralisation zones. The ongoing program aims to expand the resource footprint with further drilling planned.
Maxwell Dee
Maxwell Dee
30 Sept 2025
Southern Cross Media Group and Seven West Media have agreed to merge, creating a dominant integrated TV, audio, and digital platform in Australia. The deal promises significant cost synergies and shareholder value accretion, pending regulatory and shareholder approvals.
Elise Vega
Elise Vega
30 Sept 2025
RAM Essential Services Property Fund (REP) reports a Q1 FY26 distribution in line with guidance and reaffirms its full-year yield target while progressing its strategic transition to a healthcare-focused REIT.
Eva Park
Eva Park
29 Sept 2025
Lode Resources has finalized the sale of its Webbs Consol silver project to Rapid Critical Metals, securing $3.75 million in cash, $8 million in shares, and a royalty stake, fueling its exploration push in silver and antimony.
Maxwell Dee
Maxwell Dee
29 Sept 2025
Hastings Technology Metals has signed a binding agreement to sell its gold assets to Metal Bank Limited in a share-and-cash deal, marking a strategic pivot towards rare earths and niobium development.
Maxwell Dee
Maxwell Dee
29 Sept 2025
Synlait Milk Limited reports a modest profit turnaround in FY25 and announces a major sale of its North Island assets to Abbott, aiming to reduce debt and sharpen its focus on core operations.
Victor Sage
Victor Sage
29 Sept 2025
Synlait has agreed to sell its North Island assets to global healthcare giant Abbott for approximately US$178 million, marking a strategic reset focused on debt reduction and operational simplification. The deal, expected to close by April 2026, positions Synlait to concentrate on its South Island operations and explore new growth avenues.
Victor Sage
Victor Sage
29 Sept 2025
Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025 amid falling coal prices and supply chain disruptions, despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing strategic acquisitions and sustainability initiatives.
Maxwell Dee
Maxwell Dee
25 Sept 2025
MetalsTech Limited’s substantial shareholders have finalized an off-market sale of 23.6 million shares, raising over $11 million and reshaping the company’s ownership landscape.
Maxwell Dee
Maxwell Dee
25 Sept 2025
TasFoods has agreed to sell its Pyengana Dairy business for $2 million, aiming to reduce debt and refocus on its poultry supply chain. The sale awaits shareholder approval with settlement expected by early November.
Victor Sage
Victor Sage
25 Sept 2025
Premier Investments reported a 31.1% rise in net profit after tax for FY25, driven by strong growth in its continuing operations after divesting its Apparel Brands to Myer. The company is now concentrating on expanding its high-margin Peter Alexander and Smiggle brands.
Logan Eniac
Logan Eniac
25 Sept 2025
Premier Investments reported a 31.1% rise in net profit after tax for FY25, driven by strong sales growth at Peter Alexander and a strategic shift following the sale of its Apparel Brands to Myer.
Logan Eniac
Logan Eniac
25 Sept 2025