Latest Due Diligence News

Elanor Investors Group has completed documentation for a $125 million balance sheet recapitalisation with Rockworth Capital Partners, preparing to release HY26 financial results and advance leadership renewal and rebranding initiatives.

ARC Funds Limited (ASX: ARC) has entered a conditional agreement to acquire a 25% minority equity interest in Ausbiz Group Pty Ltd by issuing over 8 million shares to Ausbiz shareholders, subject to customary conditions including shareholder approval.

Advanced Innergy Holdings Ltd (ASX:AIH) has entered an exclusivity deed with Matrix Composites & Engineering Ltd (ASX:MCE) following a non-binding indicative offer to acquire all MCE shares at $0.40 each. The exclusivity period extends to 28 April 2026, allowing AIH to negotiate binding terms exclusively as part of its strategy to expand in subsea technologies and manufacturing in the Asia-Pacific region.

Infragreen Group Limited (ASX:IFN) has launched a strategic review to explore options for enhancing shareholder value following a decline in its share price despite solid earnings growth and a positive business outlook.

Matrix Composites & Engineering Ltd has entered into an exclusivity deed with Advanced Innergy Holdings Limited (ASX: AIH) following AIH's non-binding proposal to acquire all Matrix shares at $0.40 each. The exclusivity period extends until 28 April 2026, during which AIH has exclusive due diligence rights.

OD6 Metals has launched its first systematic exploration in six decades at the Quinn Fluorspar Project in Nevada, targeting historically high-grade deposits and expansive alteration zones. The program aims to unlock new fluorspar discoveries critical to advanced technologies.

Korab Resources has progressed the sale of its Geolsec mineral lease ML27362 to Leka Fertiliser Shipping Pty Ltd for $4.35 million plus royalties, navigating buyer restructuring and pending ASX approval.

Vection Technologies has formalised its acquisition of Australian digital transformation firm DXLabs, adding immediate revenue and expanding its footprint across the APAC region.

Regener8 Resources advances its due diligence on the Srebrenica North Project in Bosnia-Herzegovina, revealing promising high-grade silver, lead, zinc, and antimony mineralisation at the Dolovi tenement. Historical data and recent sampling highlight significant exploration potential near established mines.

Advanced Innergy Holdings has tabled a non-binding proposal to acquire Matrix Composites & Engineering at a substantial premium, aiming to cement its foothold in the Asia-Pacific subsea sector.

Matrix Composites & Engineering has received a non-binding, indicative proposal from Advanced Innergy Holdings to acquire all shares at $0.40 each. The offer is conditional and under review by the Matrix board.

Kjerulf David Hastings Ainsworth has initiated a second unconditional off-market takeover bid for 5.5% of Ainsworth Game Technology shares at a significant premium, aiming to increase his stake and influence in the company.