Latest Ownership Transition News

Intelligent Investor Australian Equity Income Fund (ASX:INIF) more than quadrupled its annual profit to $8.701 million, lifting distributions to 32.62 cents per unit. But $14.443 million of redemptions exceeded new applications, while the proposed sale of the Intelligent Investor business to Teaminvest Private Group remains conditional.

Intelligent Investor Equity Growth Fund returned to a $4.769 million operating profit in the year to 30 June 2026, after recording a $242,000 loss a year earlier. The improvement came with sharply higher distributions, but substantial redemptions reduced net assets and the fund faces an unresolved change of investment-manager ownership.

IFM Global Infrastructure Fund has closed its takeover offer for Atlas Arteria, acquiring a 67.43% voting stake. The company’s chair has retired, prompting an interim appointment and an accelerated search for a new independent chair.

Elders Limited has announced René Dedoncker as its next CEO, set to begin in October 2026, with current CEO Mark Allison staying on through a transition period. Dedoncker brings two decades of agribusiness leadership experience from Fonterra and Mars Corporation.

Triton Minerals has executed a pivotal Shareholders Cooperation Deed with NQM Gold 2 Pty Ltd, marking significant progress under their Share Sale and Purchase Agreement. This step sets the stage for governance arrangements ahead of project completion.

Trading in Restaurant Brands New Zealand Limited shares has been suspended following compulsory acquisition notices issued by Finaccess Restauración, S.L., signaling a pivotal ownership change.

Lithium Energy Limited has initiated a crucial new drilling program at its Solaroz Lithium Brine Project in Argentina, backed by a major stakeholder preparing to acquire full ownership.

CSIRO has sold about half its shares in Chrysos Corporation through a block trade, reducing its stake by roughly 9%, yet remains a committed substantial shareholder with a six-month escrow on its retained shares.

Infomedia Ltd shareholders have overwhelmingly approved a scheme of arrangement for acquisition by TPG Capital, valuing the company at approximately AUD 651 million. The deal, supported by the board and an independent expert, is set to complete by early December 2025.

Warriedar Resources Limited’s shares will be suspended from trading following court approval of Capricorn Metals’ acquisition scheme, marking a significant consolidation in Western Australia’s gold mining sector.

Helloworld Travel Limited has completed its acquisition of the remaining 50% stake in Mobile Travel Holdings, fully owning the mobile travel agency and significantly boosting its transaction volume.

Brickworks Limited shares have been suspended from the ASX following court approval of a scheme of arrangement that will see Washington H. Soul Pattison acquire the company through a subsidiary.