Latest Mergers And Acquisitions News

Telix will acquire ITM in a proposed US$1.65 billion deal that combines a commercial radioisotope supplier with Telix’s precision medicine and therapeutic pipeline. The transaction could give Telix greater supply-chain control and entry into a validated cancer treatment market, but it also brings dilution, integration risk and an unresolved FDA pathway for ITM-11.

Ingenia Communities has rejected Warburg Pincus’s revised $5.05 per stapled security proposal, saying the offer substantially undervalues the group. The board remains open to a higher-value approach, leaving the takeover discussion unresolved.

Carnaby Resources has secured court approval to put Evolution Mining’s proposed acquisition to shareholders, with an independent expert declaring the scheme fair and reasonable. The decisive vote is scheduled for 26 October, subject to the scheme booklet being registered and distributed.

Cygnus Metals shareholders delivered overwhelming proxy support for Central Asia Metals’ proposed takeover, but the transaction still faces a Kazakhstan regulatory decision and possible court-date delay. Final poll results were not included in the chairman’s address and are expected separately.

Frasers Group has given shareholders four more months to accept its on-market takeover offer for Accent Group, extending the deadline to 29 January 2027. The offer price and all other terms remain unchanged.

MyState delivered a sharp rise in FY26 profit as Auswide integration produced $11.8 million in run-rate synergies, while the group lifted its full-year dividend to 24.5 cents per share. The next test is turning early integration gains into a larger payoff without losing control of technology costs and credit risk.

Macmahon will acquire Aspect Engineering Solutions for a headline enterprise value of A$75 million, adding engineering, minerals processing and project delivery capabilities to its mining services platform. The deal is expected to lift underlying EPS by about 6.2% from inception, although completion and future earnings performance remain important variables.

Austco Healthcare delivered record FY26 revenue and statutory profit, with stronger margins, cash generation and a modest recovery in contracted orders entering the new financial year. The company is pairing that momentum with further reseller consolidation, including the $2.88 million acquisition of Medical Communications Systems.

Atlantic Lithium has secured Australian foreign investment approval for Zhejiang Huayou Cobalt’s proposed acquisition, removing one condition to the scheme. Shareholder, court and other regulatory approvals are still required before the transaction can complete.

Reliance Worldwide Corporation has signed a binding scheme implementation deed for Brookfield to acquire all shares for US$3.38 each, equivalent to about A$4.75 at the stated exchange rate. The recommended deal now enters a limited window for rival proposals before shareholder, court and regulatory approvals are sought.

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.

European Lithium’s proposed takeover by Critical Metals Corp. can now proceed to shareholder votes, but an independent expert has warned that the share scheme is not fair, even while calling it reasonable and in shareholders’ best interests absent a superior proposal. The decisive votes are scheduled for 22 October 2026.