Latest Foreign Investment News

Silk Logistics Holdings has scheduled its shareholder meeting for August 1 to vote on the proposed $2.14 per share acquisition by DP World Australia, with an independent expert reaffirming the deal’s fairness.

United Overseas Australia Ltd has signed a binding agreement to acquire a strategic land parcel in Ho Chi Minh City, aiming to develop a substantial commercial office building. The AU$104.7 million deal marks a significant expansion into Vietnam’s growing property market.

Mount Gibson Iron Limited is set to acquire a 50% stake in the Central Tanami Gold Project from Northern Star Resources for $50 million, marking its strategic entry into the precious metals sector. The project boasts a substantial 1.6 million ounce gold resource and significant infrastructure, positioning MGX for potential development within 18 months.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.

DP World Australia has secured Foreign Investment Review Board approval to acquire 100% of Silk Logistics, clearing a major regulatory hurdle for the deal.

Abacus Storage King has received a revised acquisition proposal from a consortium led by Ki Corporation and Public Storage, increasing their cash offer by 15% to A$1.65 per security. The independent board committee is opening a six-week due diligence window but urges securityholders to hold off on any action.

Energy Transition Minerals has submitted a binding offer to acquire the Penouta Mine in Spain, a critical asset for Europe’s supply of tantalum and niobium. The outcome hinges on regulatory approvals and competitive bidding.

Finbar Group has acquired the Palmyra development site from its JV partner, transforming it into a wholly-owned project valued at $88 million with settlement expected in early 2026.

BlackRock Investment Management has announced the estimated distribution components for the iShares World Equity Factor ETF for the fiscal year ending June 30, 2025, revealing a total cash distribution of approximately 151.93 cents per unit.

TPG Telecom has received Foreign Investment Review Board approval to sell its fibre and fixed Enterprise, Government and Wholesale assets to Vocus for $5.25 billion, marking a pivotal step in its strategic reshaping.

The Australian Competition and Consumer Commission has signaled no opposition to DP World Australia’s acquisition of Silk Logistics, advancing the deal but leaving key approvals pending.

AVJennings Limited has secured crucial approvals from Australian and New Zealand regulators for its proposed acquisition by PM Nominees C Pty Ltd, moving the deal closer to completion.