Latest Equity Stake News

TAL Dai-ichi Life Australia has obtained all necessary regulatory approvals, including from APRA, to finalize its minority investment in Challenger Limited, acquiring a 19.9% equity stake.

Pantera Lithium Limited has agreed to sell its Smackover lithium brine project in Arkansas to Energy Exploration Technologies for A$40 million, combining cash and stock consideration while retaining equity exposure to the lithium sector.

Winsome Resources has resumed targeted exploration for high-grade cesium mineralisation at its Sirmac-Clapier Project in Quebec, aiming to define drill targets following promising 2024 results.

Swoop Holdings confirms its support for Vonex Limited’s proposed acquisition by Maxo Telecommunications, planning to vote its 22.8% stake in favour and secure a $6.17 million cash exit.

Dateline Resources’ Managing Director Stephen Baghdadi has exercised over 53 million options, injecting more than $1 million into the company and increasing his shareholding to nearly 13%. This capital boost aims to accelerate exploration and development at the promising Colosseum Gold and Rare Earth Elements Project in California.

Virgin Australia Holdings Limited is set to list on the ASX, raising $685 million through a mix of new and existing shares, showcasing its transformation journey and strategic partnership with Qatar Airways.

Terramin Australia reports progress on its Tala Hamza Zinc Project amid Algeria's landmark mining reforms that raise foreign ownership limits and streamline permits, potentially reshaping its investment landscape.

Winsome Resources signals it is unlikely to exercise the Renard Option by August 2025 due to ongoing lithium market volatility, while maintaining strong focus and funding for its flagship Adina Lithium Project.

AGL Energy has confirmed it is reviewing its 20% stake in Tilt Renewables following recent media speculation, though no sale discussions are underway. The outcome remains uncertain as the company conducts preliminary assessments.

Johns Lyng Group has received a conditional, non-binding acquisition proposal from Pacific Equity Partners, sparking a potential shift in ownership with key management poised to retain stakes. The company has granted exclusivity for due diligence, setting the stage for a possible binding offer.

Hanwha Group claims US approval to fully own Austal, but independent checks suggest a narrower green light. Australian regulators still hold the final say on foreign ownership.

National Storage REIT has partnered with GIC to invest $228 million in a second tranche of self-storage development assets, reaffirming its FY25 earnings guidance and strategic growth plans.