Latest Mergers And Acquisitions News

St Barbara is positioning itself as a debt-free Nova Scotia gold developer after a proposed A$453 million Simberi exit, with a potential special dividend and share buy-back still on the table. Its updated 15-Mile study points to a larger reserve, longer mine life and stronger project economics, but those figures remain study-based and conditional on execution.

Carnaby Resources has completed distribution of the scheme booklet for Evolution Mining’s proposed acquisition of its remaining shares. The independent expert supports the deal, but shareholder approval remains the decisive next step.

PPK Group has converted the sale of its Craig International Ballistics stake into a substantially stronger balance sheet, reporting a $19.2 million FY2026 profit and $27.7 million in cash. The challenge now is turning that one-off windfall into a durable operating business without overpaying or losing patience.

Perpetual returned to statutory profitability in FY26 and lifted underlying profit and dividends, helped by Corporate Trust and cost savings. But the annual report also exposes the pressure points behind the recovery: $25.1 billion in Asset Management outflows, a $63.5 million TSW impairment and an uncertain Wealth Management sale.

Elixinol Wellness will acquire personalised supplement platform Vitable for headline consideration of A$2.5 million in shares, adding recurring revenue and more than 7,850 active subscribers. The deal could lift combined revenue to A$27 million by 2028, but remains subject to shareholder approval and carries meaningful dilution risk.

The ACCC has determined that I Squared Capital's proposed acquisition of oOh!media may proceed by scheme of arrangement, removing a major regulatory condition. Approval from Australia's FIRB, New Zealand's OIO and oOh!'s shareholders is still required before completion.

Cygnus Metals’ proposed takeover by Central Asia Metals has been pushed into October after a required Kazakhstan regulatory approval remained outstanding. The revised timetable targets scheme implementation on 27 October, but the dates remain conditional.

OFX says it remains in active discussions with Equals over a proposed all-cash acquisition after ASX questioned a sharp fall in its share price and a surge in trading volume. The parties are negotiating a possible extension to exclusivity, but no agreement has been reached.

Helloworld Travel’s acquisition of Crown Currency Exchange can proceed without shareholder approval after ASX confirmed its major transaction rules do not apply. The announcement improves certainty around the deal, but provides no new financial terms or completion details.

Ausgold has secured an ASX waiver allowing 6,000,004 vested unlisted warrants to be cancelled without a separate shareholder vote if OceanaGold’s proposed takeover scheme becomes effective. The unexercised warrants would instead convert into Ausgold shares eligible to participate in the scheme.

Global Lithium’s proposed acquisition of the Nova Operation from IGO has become unconditional after the ACCC waived its notification requirement. Completion is still pending the shutdown and final shipment timetable, with the transaction not yet completed.

Harmoney will continue buying back up to 5% of its issued shares while reaffirming FY27 cash NPAT guidance of $16 million or more. The lender also says potential acquisitions could be funded without an equity raising, although no transaction has been announced.