Latest Merger And Acquisitions News

Lincoln Minerals says air core drilling has confirmed that mineralisation at Eagle Ridge continues up dip, strengthening the case for a targeted diamond drilling program at Minbrie in the December quarter. The explorer ended September with A$3.085 million in cash after receiving A$2.1 million from equity issues.

Yancoal Australia will ask shareholders to approve up to US$1.2 billion a year in related-party coal sales from 2027, while companies acquired with Kestrel must guarantee and secure debt facilities worth A$1.5 billion and US$1.4 billion. The resolutions put the economics and governance of the enlarged coal portfolio under the microscope.

Adslot reported stronger Viber advertising activity and lower operating costs in the September quarter, while restructuring payments continued to weigh on cash. The company ended the period with $1.28 million and a prescribed funding runway of 1.7 quarters.

MA Financial delivered strong third-quarter growth across lending, asset management and advisory, while warning that residential property credit conditions have forced a temporary redemption suspension. The group still expects underlying FY26 EPS to be materially higher than FY25.

Cazaly Resources will replace managing director Tara French with mining executive Adrian Byass from 8 October, while launching a review of its exploration portfolio. Byass will receive a $325,000 annual salary and may be granted up to 7 million performance rights, subject to approval and conditions.

Australian United Investment Company’s profit surged after its merger with Diversified United Investment, but the headline result was dominated by a one-off acquisition gain. Underlying profit rose 19.9%, while AUI expanded its portfolio to about A$3.1 billion and declared fully franked dividends totalling 28 cents per share.

Veris Limited lifted revenue by 4.9% to $102 million in FY26, driven by digital and advisory growth, but statutory net profit fell 67% amid one-off costs and macroeconomic headwinds.

The Australian Wealth Advisors Group (ASX:WAG) reported a modest 0.7% rise in profit before tax to $937,632 for FY2026, driven by growth in funds under management and strategic Equity Partnership Scheme investments, alongside a key divestment and board appointment.

EBOS Group posted a solid FY26, growing revenue nearly 10% to $13.5 billion and underlying EBITDA 5% to $614 million, while completing a major distribution centre renewal program. The company maintains its final dividend and sets a confident growth outlook for FY27.

Lendlease posted a statutory loss of $749 million in FY26, weighed down by impairments in its Capital Release Unit, while its core Investments, Development, and Construction segments delivered solid operating profits and secured significant new projects.

Jameson Resources (ASX:JAL) is pushing its Crown Mountain steelmaking coal project in British Columbia towards environmental approval by mid-2027 and production by 2029-30, leveraging a low-cost, high-quality asset with a landmark Indigenous partnership.

OMG Group delivered a near 50% jump in FY26 net sales, expanding its product range nationally and breaking into international markets with new distribution agreements.