Latest Takeover Bid News

Frasers Group has escalated its takeover tussle for Accent Group by applying to the Takeovers Panel, disputing Accent’s claims that the offer undervalues the company and seeking orders for additional disclosure or an independent expert review.

Carbonxt has locked in a $11 million recapitalisation plan with major shareholders to strengthen its balance sheet as its Kentucky activated carbon facility nears commercial production.

Genesis Minerals has tabled a binding offer to acquire Vault Minerals for approximately $5.6 billion, outbidding a prior scheme with Regis Resources and triggering a five-day matching period.

Genesis Minerals has disrupted the proposed Vault-Regis merger with a superior $5.6 billion takeover bid, offering Vault shareholders a mix of cash and shares. Regis Resources meanwhile reported strong FY26 production hitting the top end of guidance, underpinning its robust cash position.

Atlas Arteria has lodged its seventh supplementary target’s statement, reinforcing the Independent Directors’ unanimous recommendation to reject IFM Global Infrastructure Fund’s takeover offer. The statement highlights the strategic rationale behind settling a US$100 million put option with Ontario Teachers’ Pension Plan and outlines risks tied to IFM’s majority ownership.

Forrestania Resources has secured A$310 million through a two-tranche placement to fund the A$300 million acquisition of the Edna May Gold Hub from Ramelius Resources, advancing its dual processing hub strategy in Western Australia.

Horizon Oil has completed a significant step in its takeover of Cue Energy by acquiring nearly 20% of shares through a pre-bid agreement, pushing its total ownership to just over 57%.

CZR Resources (ASX:CZR) has launched a recommended all-scrip takeover bid for Zuleika Gold (ASX:ZAG), valuing the company at $44.8 million and offering a significant premium to Zuleika shareholders.

Reef Casino Trust projects a 6.83 cents per unit distribution for the first half of 2026, reflecting steady profitability amid ongoing takeover bid conditions.

Atlas Arteria has lodged its fourth supplementary target’s statement, reiterating its rejection of IFM’s $5.10 per security takeover offer, citing undervaluation and highlighting IFM’s capacity to pay more.

Diamond Infraco’s takeover bid for Atlas Arteria remains fixed at A$5.10 per security and is now unconditional, urging securityholders to act before the June 25 closing date amid lingering asset sale uncertainties.

Atlas Arteria’s Independent Directors maintain a unanimous rejection of IFM’s $5.10 per security takeover bid, citing undervaluation and insufficient control premium. The company reiterates its 2026 distribution guidance and confirms active asset sale discussions, including Chicago Skyway.