Latest Mergers And Acquisitions News

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.

European Lithium has dispatched the scheme booklet for its proposed merger with NASDAQ-listed Critical Metals Corp., putting shareholders and optionholders on the path to votes on 22 October. The transaction remains conditional on securityholder, Court and regulatory approvals, with implementation targeted for 5 November.

Narryer Metals is buying the Redhill Copper Project in southern Chile from 29Metals, gaining an existing 4.3Mt inferred resource and a much larger conceptual exploration target. The deal also brings a A$1 million strategic investment from 29Metals at a 54% premium to Narryer’s pre-announcement share price.

Microba shareholders would own about 67% of an enlarged Genetic Signatures under a proposed all-scrip merger valued at approximately A$51 million. The deal combines roughly A$29.6 million of FY2026 revenue and identifies up to A$3 million in potential annual cost synergies, but remains subject to a long list of approvals.

Capstone Copper will sell its Cozamin copper-silver-zinc-lead mine in Mexico to Luca Mining for up to US$385 million, including US$275 million in upfront cash. The proposed divestment is designed to strengthen Capstone’s balance sheet and redirect capital towards its growth pipeline.

Carnaby Resources’ proposed acquisition by Evolution Mining has moved closer to completion after ASIC registered the scheme booklet and Evolution waived the ACCC clearance condition. The scrip deal still requires shareholder and Court approval, with the vote set for 26 October.

Cygnus has cleared the remaining conditions tied to its options and share rights, but Central Asia Metals now expects Kazakhstan approval after the scheduled 23 September court date. The proposed takeover timetable will be pushed back, with approval currently expected by 12 October.

Helloworld Travel has agreed to acquire Crown Currency Exchange for $135 million, adding 68 Australian stores and an FY26 underlying EBITDA stream of $22 million. The transaction expands Helloworld’s retail footprint but will also introduce a mix of NAB debt, vendor financing and a share placement.

IVE Group has agreed to acquire digital place-based media operator Motio for approximately $20.7 million, adding more than 1,300 screens to its marketing platform. The transaction is expected to be earnings and EPS accretive, but remains subject to shareholder, Court and other conditions.

Motio has agreed to a recommended all-cash scheme with IVE Group that values each share at 6 cents, a premium to recent trading levels. Completion remains subject to shareholder, optionholder and Court approvals, an Independent Expert’s report and other conditions.

Forrestania Resources has agreed to acquire four granted Western Australian exploration licences at Skeleton Rocks for a stated $250,000 consideration. The deal remains subject to due diligence, with the company yet to choose between cash and shares as payment.