Latest It Services News

Cleanaway Waste Management has secured regulatory approval to acquire Contract Resources, positioning itself as a leader in specialised industrial waste services. The deal, set to complete by the end of July, aims to accelerate growth in the decommissioning and remediation market.

Aumake Limited unveils a major FY26 restructuring, splitting operations into two focused units and targeting acquisitions in health supplements to boost profitability and market reach.

The ACCC has approved Cleanaway’s acquisition of Contract Resources, finding no significant threat to competition in Australia’s industrial and waste management sectors. The decision highlights the resilience of competition, especially in the oil and gas services market.

The ACCC has approved DP World Australia’s acquisition of Silk Logistics, concluding it won’t significantly harm competition in container stevedoring and logistics services. The decision follows a thorough investigation into potential market impacts.

Magellan Financial Group reported a modest rise in assets under management to $39.6 billion as of June 30, 2025, alongside a strategic shift from monthly to quarterly AUM disclosures.

Capricorn Metals capped FY25 with a strong Q4 at Karlawinda, delivering gold production at the upper guidance range while pushing forward major development milestones.

Monadelphous Group Limited has secured over $100 million in new energy sector contracts, highlighted by a major project with Shell on the Crux platform off Western Australia and an extension with Origin Energy for LNG equipment supply.

My Rewards International has secured conditional approval from the ASX to reinstate its shares, pending a significant capital raise and debt-to-equity conversion. The company faces a detailed checklist before regaining official quotation.

Leo Lithium has received the final US$177.6 million payment from the sale of its Goulamina stake and is advancing lithium-focused acquisitions, with a potential deal announcement expected soon.

Regal Partners estimates at least $35 million in performance fee revenue for the first half of 2025, driven by strong global equity strategies and diverse alternative funds. The full half-year results will be released on 25 August.

OpenLearning Limited has inked a five-year SaaS agreement with Education Centre of Australia, committing to support at least 2,500 students annually with its AI-powered learning platform. The deal highlights OpenLearning’s growing footprint in vocational and professional education sectors.

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.