Latest Strategic Review News

DGL Group Limited has agreed to sell two chlor-alkali manufacturing plants for $2.5 million, well below their carrying value, reflecting a $5.3 million impairment charge. The sale aligns with the company’s strategic focus on core operations and is not expected to materially affect ongoing activities.

Sequoia Financial Group Ltd has admitted to unintentionally breaching ASX Listing Rule 15.7 after its CEO disclosed details of the InterPrac Financial Planning sale to a journalist during a trading halt. The company is reviewing its continuous disclosure practices to prevent future occurrences.

Infragreen Group Limited (ASX:IFN) has launched a strategic review to explore options for enhancing shareholder value following a decline in its share price despite solid earnings growth and a positive business outlook.

DGR Global has received $45 million from the first tranche of its Solgold share sale settlement, with a second tranche expected soon. The company is now evaluating how best to deploy these significant funds.

ARC Funds Limited and AUSBIZ Group have mutually cancelled the previously announced assignment of convertible notes in Ausbiz TV, reflecting a strategic shift following changes in ARC’s board and shareholder base.

Articore signals a new chapter by acquiring India’s Frankly Wearing to fast-track its technology and market expansion, while affirming its independent growth strategy and welcoming a seasoned director to its board.

Bubalus Resources has streamlined its project portfolio and cut corporate costs, sharpening its focus on priority gold and critical minerals assets in Victoria and the Northern Territory.

Sequoia Financial Group has agreed to sell its financial planning arm InterPrac to Conquest Investment Partners for $50,000, following a strategic review that exposed significant challenges and asset write-downs.

Sequoia Financial Group is actively reviewing its retail licensee services, focusing on its subsidiary InterPrac Financial Planning, with potential structural changes or a sale under consideration amid shifting platform provider relationships.

Classic Minerals has engaged AFDC to conduct a strategic review and is raising A$3 million to advance exploration at its Forrestania gold project and support its ASX relisting efforts.

Dataworks Group Limited reveals ongoing strategic review with several parties engaged, highlighting the value of its self-exclusion technology and regulatory ties. While discussions remain preliminary, the company signals potential for significant strategic moves ahead.

Perseus Mining has agreed to sell its majority interest in the Meyas Sand Project in Sudan for US$260 million, marking a strategic shift amid regional conflict. The deal will bolster Perseus’s balance sheet and refocus resources on core assets.