Latest Sanctions News

MAC Copper Limited shareholders have decisively approved the proposed acquisition by Harmony Gold, clearing a major hurdle for the transaction. The scheme now awaits final court sanction before becoming effective.

MAC Copper Limited shareholders convened pivotal meetings to vote on Harmony Gold's proposed acquisition, valuing MAC at over US$1 billion with a 20.7% premium. The outcome will reshape MAC's ownership and market presence.

The Federal Court of Australia has dismissed Harvey Norman’s appeal against prior legal declarations, setting the stage for an upcoming penalty hearing that could impact the retailer’s future.

Ainsworth Game Technology has terminated its proposed scheme of arrangement with Novomatic due to insufficient shareholder support, yet the board still recommends accepting Novomatic’s unconditional $1 per share takeover bid.

The Federal Court has approved the transfer of Centrex Limited’s shares to PRL Global, marking the end of Centrex’s external administration and a new chapter as a PRL subsidiary.

Astron Corporation Limited is set to redomicile from Hong Kong to Australia through a scheme of arrangement, creating a new Australian parent company, Aus NewCo. This move aims to align the corporate structure with its Australian assets and simplify shareholder voting.

Ainsworth Game Technology has received an unconditional $1.00 per share takeover bid from Novomatic AG, with the independent board committee recommending acceptance subject to expert fairness opinions and no superior offers.

Astron Corporation has secured Hong Kong Court approval for its redomicile scheme, paving the way for its transition to an Australian-listed parent company with new shares issued on a two-for-one basis.

Woodside Energy Group reported robust first-half results in 2025, with production reaching 548 Mboe/d and a net profit after tax of $1.3 billion, while progressing key LNG projects and declaring a fully franked interim dividend.

Platinum Asia Investments Limited (PAI) shares have been suspended following Federal Court approval of a scheme exchanging all shares for units in the Platinum Asia Fund Complex ETF (PAXX). This marks a significant structural shift for PAI investors.

MAC Copper has secured Foreign Investment Review Board approval, satisfying all regulatory conditions for its acquisition by Harmony Gold’s Australian subsidiary. The deal now awaits shareholder votes and court sanction to proceed.

Silk Logistics Holdings has completed its acquisition by DP World Australia, with shareholders paid A$2.14 per share and the company set for imminent ASX delisting.