Latest Foreign Investment News

Mayne Pharma reported a 5% revenue increase to $408.1 million for FY25 but posted a net loss of $93.8 million, narrowing from the prior year. The company’s planned acquisition by Cosette Pharmaceuticals faces legal hurdles, delaying completion.

Dalrymple Bay Infrastructure Limited has announced a quarterly dividend of 5.875 cents per stapled security, combining a partially franked dividend and a partial loan note repayment, payable in September 2025.

Perseus Mining has formalised key agreements with Tanzania to advance its Nyanzaga Gold Project, targeting first gold production in early 2027. The project promises low-cost output and robust returns amid ongoing resource expansion efforts.

Astron Corporation Limited is set to redomicile from Hong Kong to Australia through a scheme of arrangement, creating a new Australian parent company, Aus NewCo. This move aims to align the corporate structure with its Australian assets and simplify shareholder voting.

Duxton Farms has received Foreign Investment Review Board approval for its strategic merger and updated its timetable for key shareholder and court approvals, alongside a $4.55 million capital raise.

Novomatic AG has launched an unconditional A$1.00 per share cash takeover offer for all remaining shares in Ainsworth Game Technology Limited, representing a 35% premium to pre-announcement prices. The offer runs alongside a previously announced scheme and comes with unanimous support from Ainsworth's Independent Board Committee.

Sarytogan Graphite Limited secures a strategic A$3.6 million investment from Kazakh high-net-worth investor Dias Sarsenov, accelerating its Definitive Feasibility Study for a critical graphite project vital to Europe’s raw materials supply.

MAC Copper has secured Foreign Investment Review Board approval, satisfying all regulatory conditions for its acquisition by Harmony Gold’s Australian subsidiary. The deal now awaits shareholder votes and court sanction to proceed.

PointsBet Holdings has updated shareholders on MIXI Australia’s unconditional takeover offer, raising the cash price to $1.25 per share and securing unanimous board support. The company also dismissed a rival scrip bid from Betr Entertainment as inferior.

MIXI Australia has increased its all-cash takeover offer for PointsBet shares to $1.25 and removed all remaining conditions, making the bid unconditional. The offer closes on 25 August 2025, with MIXI holding nearly 29% of PointsBet and aiming for board influence.

Ventia Services Group Limited has announced an ordinary dividend of AUD 0.1071 per share for the six months ending June 2025, with 90% franking, payable in October.

The Star Entertainment Group has executed binding agreements to exit its 50% stake in the Destination Brisbane Consortium, while consolidating full ownership of key Gold Coast hotels. The transaction unfolds in two stages, reshaping the company’s asset portfolio and financial commitments.