Latest Mergers And Acquisitions News

Pan African Resources PLC has delivered a 5.6% increase in gold production to 196,527 ounces for FY25, alongside a 60.5% jump in adjusted EBITDA to US$226.6 million. The group’s strategic acquisition of Tennant Mines in Australia and the early commissioning of the Mogale Tailings Retreatment operation mark significant milestones in its growth trajectory, underpinned by a robust sustainability and governance framework.

SDI Limited shareholders voted overwhelmingly in favour of a $1.40 per share acquisition scheme by InnoXvest Dental, setting the stage for court approval and delisting.

IFM Global Infrastructure Fund has increased its holding in Atlas Arteria to over 40%, maintaining a final takeover offer of A$5.10 per security. Meanwhile, Atlas Arteria's independent directors continue to recommend rejecting the bid, targeting higher distributions and exploring asset sales including the Warnow Tunnel.

Duratec Limited has finalised its $12 million acquisition of Pacific Welding Australia, expanding its footprint in the Energy and Mining sectors along Australia’s East Coast and enhancing its self-perform capabilities.

Freedom Bidco has increased its unsolicited cash offer for Strata Investment Holdings to A$0.22 per share, presenting shareholders with a premium liquidity option ahead of Strata’s imminent ASX delisting. The offer includes a cash alternative and a share swap, while Freedom Bidco accuses Strata’s board of obstructive tactics and governance failings.

Aeris Resources has received Supreme Court approval to acquire Peel Mining, adding significant copper resources to its Tritton operations and setting the stage for long-life production growth.

Charger Metals has struck a deal to sell its Bynoe Lithium Project to Core Lithium’s subsidiary for up to $14.75 million, including upfront cash, a resource milestone payment, and a capped royalty. The sale lets Charger focus on its Lake Johnston lithium ambitions.

Acrow Limited (ASX:ACF) is set to expand its Industrial Access and Construction Services footprint with a $54.5 million acquisition of Ausgroup and Preston SuperDeck, funded by a fully underwritten $70 million equity raise and a $10 million share purchase plan. The company also upgraded its FY27 revenue and EBITDA guidance by 21% and 15% respectively.

Challenger Limited is merging its Fidante funds management business with Channel Capital, creating Channel Group with $150 billion in assets. Challenger will hold a 45% stake and expects a $100 million pre-tax gain in FY27.

European Lithium Limited (ASX: EUR) reports steady progress toward its proposed acquisition by Critical Metals Corp (NASDAQ: CRML), with key regulatory and shareholder approvals on track for early September 2026.

The Australian Competition and Consumer Commission has signalled no objection to Rubik Australia's full acquisition of Qube Holdings, paving the way for the scheme's next legal and regulatory steps. The Qube board also plans a fully franked special dividend, contingent on scheme approval.

Emeco Holdings expects FY26 operating EBITDA near $290 million despite weather and supply headwinds, while FY27 outlook targets stable earnings with improved utilisation and ongoing deleveraging.