Latest Financials News

Shift4 Payments, LLC has entered into a definitive scheme implementation agreement to acquire Smartpay Holdings Limited at NZ$1.20 per share, subject to regulatory and shareholder approvals. The transaction outlines a detailed timetable and conditions, including Overseas Investment Office consent and court sanction.

Smartpay Holdings has entered a definitive agreement to be acquired by US-based Shift4 Payments for NZ$1.20 per share, representing a significant premium and a near NZ$300 million valuation. The deal, recommended unanimously by Smartpay’s board, awaits shareholder and regulatory approvals.

BlackRock Investment Management (Australia) Limited has announced the upcoming distribution schedule for multiple Australian iShares ETFs, including important deadlines for investors opting into the Distribution Reinvestment Plan.

Hamelin Gold has completed the second tranche of its share placement, issuing new shares to directors and granting options to lead managers, signaling strong backing ahead of its exploration ambitions.

Mosaic Brands’ administrators have adjourned the second creditors’ meeting after no restructuring proposal was submitted, prolonging uncertainty over the retail group’s future.

PointsBet Holdings has highlighted that Betr Entertainment’s proposed takeover offer undervalues its shares compared to MIXI Australia’s superior $1.20 cash bid, intensifying the takeover battle.

Merchant House International has completed the sale of its American Merchant Inc textile factory and related assets, securing a substantial profit and concluding its divestment strategy.

Eden Innovations is set to consolidate its shares and launch a $6.6 million entitlement offer to reduce debt and fund global expansion of its EdenCrete® and OptiBlend® products.

Lithium Universe Limited has announced a $1.7 million capital raising via a two-tranche placement to fund the development of its Bécancour Lithium Refinery in Canada, alongside R&D initiatives and working capital needs.

GPT Group has announced an estimated distribution of 12.0 cents per stapled security for the first half of 2025, setting the stage ahead of its interim results release in August.

US Masters Residential Property Group has repatriated US$40 million from its USA Fund back to its main Australian fund, hinting at upcoming capital management decisions.

Future Metals NL has successfully closed a fully underwritten entitlement offer, raising approximately A$2.64 million and expanding its shareholder base with Zeta Resources increasing its stake to nearly 10%.