Latest Shareholder Activism News

Kinterra has increased its takeover offer for New World Resources to A$0.062 per share, positioning its bid as superior and less conditional than rival Central Metals Asia’s scheme proposal. With a significant stake and strategic moves underway, the battle for NWR ownership intensifies.

The Abercrombie Group, led by hummgroup’s Board Chair, has tabled a non-binding $0.58 per share offer to acquire the remaining shares of hummgroup, signaling a potential ownership shift at a premium to market price.

Platinum Capital faces a significant hurdle as L1 Capital, holding nearly 17% of shares, declares opposition to its proposed restructuring scheme. The Board remains supportive but is exploring alternatives.

Betr Entertainment has reaffirmed its superior $1.33 per share acquisition proposal for PointsBet, challenging the rival MIXI offer ahead of a crucial shareholder vote. With strong funding and synergy claims, Betr signals confidence that MIXI’s $1.20 bid will be rejected.

PointsBet’s board has unanimously dismissed Betr Entertainment’s acquisition proposal, reaffirming that MIXI Australia’s $1.20 per share cash offer remains the superior path forward for shareholders.

Tourism Holdings Limited has received a conditional, non-binding takeover proposal from a consortium led by BGH Capital and the Trouchet family, signaling a possible shift in ownership for the global RV rental giant.

L1 Capital and its associates, holding nearly 17% of Platinum Capital, oppose the proposed restructure into an ETF, while the Board urges shareholders to approve the scheme.

Articore Group Limited has announced a major leadership overhaul, appointing Robin Mendelson as Chair and Vivek Kumar as CEO, signaling a strategic pivot to strengthen its North American market position.

The Takeovers Panel has declined to investigate applications challenging Pact Group Holdings’ proposed delisting, signaling regulatory acceptance of the move. The decision clarifies the Panel’s jurisdiction and leaves the delisting process on track.

A shareholder has lodged a formal application with the Takeovers Panel challenging FBR Limited’s recent share placements and governance practices, raising concerns over disclosure and shareholder engagement.

Almonty Industries reported a sharp increase in net loss for Q1 2025 despite stable revenues, driven by significant non-cash charges on warrant and derivative liabilities. The company secured additional financing to support ongoing operations and project development.

A significant shareholder has lodged an application with the Takeovers Panel challenging Pact Group Holdings’ proposed delisting from the ASX, alleging misleading reasons and coercion of minority investors.