Latest It Services Sector News

Beam Dental Bidco Pty Ltd has launched an unconditional $2.20 per share takeover bid for Pacific Smiles Group Limited, offering a 37.5% premium and aiming to consolidate full ownership. The offer is unanimously recommended by Pacific Smiles’ Independent Board Committee, with plans to delist the company from the ASX upon success.

Vonex Limited’s shares will be suspended from ASX trading following court approval of its acquisition by Maxo Telecommunications, marking a pivotal moment for the telecom services company.

Johns Lyng Group shareholders have overwhelmingly approved a scheme of arrangement for acquisition by Pacific Equity Partners, pending final court approval.

Web Travel Group has reported a robust first half for FY26 with bookings and transaction values significantly up, setting the stage for a record EBITDA year despite slight margin pressures.

Jayride Group Limited’s shares have been suspended from trading on the ASX following concerns over its financial health and a critical auditor’s disclaimer. The suspension highlights significant regulatory scrutiny and investor risk.

Turners Automotive Group has declared a higher Q1 FY26 dividend of 7 cents per share, up from 6 cents last year, reflecting steady financial health and shareholder returns.

Equity Story Group Ltd has had its trading suspension lifted immediately following a capital raising announcement, signaling renewed market activity for the financial services company.

Equity Story Group Ltd has voluntarily suspended trading of its shares pending a forthcoming announcement about a capital raise, signaling a significant funding event.

Nationwide Building Society has confirmed it has largely complied with its post-offer intentions following its acquisition of Virgin Money UK PLC, with a previously disclosed exception.

DGR Global Limited will have its trading suspension lifted on 2 October 2025 following the lodgement of its annual report, marking a key step back to market normalcy.

AMA Group Limited plans a 1-for-10 consolidation of its shares and performance rights to simplify its capital structure and reduce share price volatility, pending shareholder approval at the November 2025 AGM.

WestStar Industrial’s subsidiary SIMPEC has landed a $115 million contract to expand residue filtration capacity at Alcoa’s Pinjarra Alumina Refinery, marking a key growth milestone.