Latest Mergers And Acquisitions News

Central Asia Metals has increased its takeover offer for New World Resources to A$0.062 per share after acquiring a significant stake, valuing the company at around A$230 million.

MIXI Australia has launched a recommended all-cash takeover offer for PointsBet at $1.20 per share, significantly outpacing rival Betr Entertainment’s scrip proposal. The PointsBet board unanimously supports MIXI’s bid, highlighting its certainty and premium value.

Coventry Group Limited has appointed Nik Alpert as Acting Group CEO and announced a planned CFO transition, signaling a new leadership phase for the industrial distributor.

A critical system error by Computershare led to the exclusion of key proxy votes in PointsBet's shareholder scheme meeting, causing the acquisition resolution by MIXI to fail.

Xero has completed a significant A$1.85 billion institutional placement to fund its acquisition of Melio, aiming to enhance its accounting and payments platform in the US market. A complementary A$200 million Share Purchase Plan will offer retail investors a chance to participate.

Civmec Limited has agreed to acquire Luerssen Australia for AUD 20 million, a move set to consolidate its position as a sovereign Australian shipbuilder and enhance its capabilities in naval vessel production.

PointsBet Holdings has dismissed allegations from Betr Entertainment regarding vote exclusion in its recent Scheme of Arrangement meeting, confirming the scheme’s approval and setting the stage for a crucial court hearing.

Audinate Group Limited has acquired Iris, a US-based SaaS platform for remote AV device control, in a deal valued up to US$28 million. This move strengthens Audinate’s video and control capabilities within its Dante ecosystem.

Audinate Group Limited is set to acquire US-based Iris Studio Inc for up to US$28 million, enhancing its cloud-based video production and remote camera control capabilities. This strategic move aims to integrate Iris’s AI-powered platform with Audinate’s Dante ecosystem, targeting growth in video and AV control sectors.

betr Entertainment disputes the exclusion of its proxy vote in the PointsBet MIXI scheme meeting and signals a legal challenge ahead of a key court hearing. Meanwhile, betr prepares an unconditional takeover offer for PointsBet shareholders.

Sayona Mining Limited and Piedmont Lithium Inc. have agreed to merge, creating a leading North American lithium producer with complementary assets and a balanced ownership structure. The merger, subject to regulatory and shareholder approvals, aims to unlock significant synergies and strengthen the combined company’s financial position.

ParagonCare appoints Carmen Riley as CEO effective July 1, 2025, with a planned transition period under outgoing CEO David Collins to complete integration and pursue M&A opportunities.