Latest Market Underwriting News

Infratil Investments has inked a deal with Macquarie Securities to offload 53.5 million Contact Energy shares at NZ$9.25 each, trimming its stake slightly and unlocking nearly half a billion NZD.

The ACCC has escalated its review of Insurance Australia Group’s proposed takeover of RAC Insurance, flagging significant competition concerns in Western Australia’s motor and home insurance markets.

Tamboran Resources Corporation is extending its capital raise with a partially underwritten retail entitlement offer worth up to A$27 million, following a US$163 million institutional and public offering. The proceeds will accelerate drilling and resource delineation in the Beetaloo Basin, aiming to underpin first gas sales in 2026.

QBE Insurance Group reports sustained gross written premium growth of 6% for FY25 and announces a significant A$450 million on-market share buyback, reinforcing confidence in its financial outlook and capital management strategy.

Green Critical Minerals has locked in a $5.2 million underwriting agreement to support the exercise of its expiring options, reinforcing its commercialisation strategy for innovative VHD graphite technology.