Latest Financials News

Washington H. Soul Pattinson shareholders convened to approve a transformative merger with Brickworks, aiming to simplify structure and boost portfolio diversification under a new entity, Topco.

Brickworks Limited shareholders convened on 10 September 2025 to vote on a landmark merger with Washington H. Soul Pattinson, creating a new ASX-listed entity, Topco. The deal promises streamlined ownership and enhanced growth prospects.

News Corporation is conducting a $456 million secondary offering of 14 million Class B shares by selling stockholders amid a significant Murdoch family trust restructuring. The company itself is not selling shares and will not receive proceeds.

Morella Corporation has restructured its joint venture with Lithium Corporation, gaining 100% ownership of key Nevada lithium assets and streamlining its exploration portfolio.

Elixir Energy reveals a substantial multi-TCF gas resource in Queensland’s Taroom Trough, drawing parallels to Canada’s prolific Montney Basin, and outlines key drilling plans to unlock this critical East Coast energy supply.

Mount Gibson Iron has extended its on-market share buy-back program for another year, allowing up to 10% of issued shares to be repurchased. Since inception, the company has bought back 3.2% of its shares, signaling ongoing capital management efforts.

Briscoe Group Limited reported a near-flat half-year sales performance with a modest decline in net profit, while advancing key strategic investments including a new distribution centre. The company declared a 10-cent interim dividend amid cautious economic outlook.

OpenLearning Limited has agreed to convert $1 million of debt owed to its largest shareholder into equity at a premium, significantly increasing that shareholder's stake and reshaping the company's capital structure.

NSX Limited shareholders will decide on a recommended acquisition scheme offering $0.04 cash per fully paid share, representing a substantial premium. The Board and an independent expert endorse the deal, which would see NSX delisted and become a CNSX subsidiary.

The Federal Court of Australia has authorised NSX Limited to hold a shareholder meeting to vote on the proposed acquisition by CNSX Markets’ related entity. The detailed Scheme Booklet, including an Independent Expert's Report, is now available to guide investor decisions.

MPower Group has finalized the sale of nearly all its assets to Wollemi Energy Group for about $19 million, setting the stage for a potential capital return or a new business acquisition.

Insurance Australia Group has updated its dividend announcement to include the Dividend Reinvestment Plan pricing details, confirming a fully franked 19 cent payout for the first half of 2025.