Latest Foreign Investment Approval News

Energy One has secured Australian foreign investment approval for Fluxys UK to receive up to an 18.26% stake through the proposed GMSL acquisition. Shareholder approval at the 15 October extraordinary meeting is now the final positive condition before completion.

The ACCC has determined that I Squared Capital's proposed acquisition of oOh!media may proceed by scheme of arrangement, removing a major regulatory condition. Approval from Australia's FIRB, New Zealand's OIO and oOh!'s shareholders is still required before completion.

Atlantic Lithium has secured Australian foreign investment approval for Zhejiang Huayou Cobalt’s proposed acquisition, removing one condition to the scheme. Shareholder, court and other regulatory approvals are still required before the transaction can complete.

Alcoa Corporation has filed to register shares of its common stock to be issued in connection with its $4.1 billion acquisition of South32 Limited’s upstream aluminum assets, spanning Australia, Brazil and South Africa. The deal includes cash, stock consideration, and contingent payments linked to commodity prices, pending customary approvals and shareholder support.

Charter Hall Long WALE REIT (ASX:CLW) announced a quarterly distribution of AUD 0.06375 per security for Q4 FY26, payable in August, alongside a Dividend Reinvestment Plan offering a 1% discount on reinvestment price.

PPK Group has inked a conditional deal to sell its near 40% interest in Craig International Ballistics to German defence firm Mehler for a headline price of A$27.45 million plus a potential earn-out. Completion is targeted by June 30, 2026, subject to regulatory and contractual conditions.

National Storage REIT securityholders have overwhelmingly approved the Brookfield-GIC consortium's $2.86 per security cash acquisition, paving the way for a $6.7 billion transaction expected to complete in May 2026.

Magnetite Mines’ Razorback Iron Ore Project has been granted Major Project Status by the Australian Government, recognising its national economic importance and unlocking enhanced regulatory support for the next three years.

Transurban Group has announced a 34-cent unfranked dividend per stapled security for the six months ending December 2025, alongside a Dividend Reinvestment Plan with no discount.

IMDEX Limited is set to acquire Advanced Logic Technology and Mount Sopris Instruments for nearly A$99 million upfront, significantly boosting its earth science sensor and software capabilities. The deal integrates industry-leading technologies and software, promising to accelerate IMDEX’s subsurface intelligence platform and market reach.

The Foreign Investment Review Board has formally objected to Cosette Pharmaceuticals’ proposed acquisition of Mayne Pharma, casting serious doubt on the deal’s future and prompting Mayne to explore alternative paths.

Spenda Limited has announced a 10-for-1 consolidation of its ordinary shares and multiple option classes, reshaping its capital structure with trading on a deferred settlement basis starting early December.