Latest Scheme Of Arrangement News

OceanaGold is set to acquire Ausgold and its Katanning Gold Project for A$776 million, adding a promising low-capital open-pit development in Western Australia with production expected in 2029.

Steadfast Group's consortium reconfirms $6 per share cash offer, extending exclusivity to 21 August amid final due diligence.

Mangawhai Collective aims to boost its stake in Bremworth from 19.73% to a controlling interest by offering NZD 0.90 per share for nearly 44% of outstanding shares, subject to conditions and shareholder precommitments.

Rubik Australia has officially acquired 100% of Qube Holdings shares through a scheme of arrangement, with Qube set to be delisted from the ASX on 17 August 2026.

Cygnus Metals has cleared a key legal hurdle with the WA Supreme Court approving a shareholder meeting to vote on Central Asia Metals' acquisition proposal. The Scheme Booklet, including an Independent Expert’s Report, will be dispatched next week ahead of the September meeting.

FleetPartners has granted limited due diligence access to SG Fleet, Element Fleet Management, and ORIX following their indicative takeover proposals, signalling a cautious but open approach to potential acquisition bids.

Cleanaway has received a $3.13 per share non-binding acquisition proposal from EQT Infrastructure, representing a 32% premium. The board has granted exclusive due diligence and signalled its intention to recommend the deal, subject to conditions and no superior offer emerging.

FleetPartners is navigating a competitive acquisition landscape with three conditional offers on the table, rejecting Element's exclusivity request while considering higher bids from SG Fleet and ORIX.

Hammer Metals is set to terminate its agreement with Larvotto Resources after Larvotto declined to match a superior acquisition offer from Austral Resources. The company plans to finalise a deal with Austral, triggering contractual payments to Larvotto.

Aura Consolidated Group delivers strong pro forma Q2 2026 results with 27% revenue growth and a 51% improvement in adjusted EBITDA following its acquisition of Qoria.

Cygnus Metals has lodged its draft scheme booklet with ASIC, moving closer to a planned acquisition by Central Asia Metals. Regulatory approvals in North Macedonia are complete, with Kazakhstan clearance still pending.

Steadfast Group confirms the consortium led by Amwins, Dragoneer, and KKR is progressing its $6 per share cash acquisition proposal, with due diligence substantially complete and exclusivity extended to 19 August 2026.