Latest Takeover Offer News

New World Resources has upgraded its Antler Copper Deposit resource to 14.2 million tonnes at 3.8% copper equivalent, secured key permitting milestones, and recommended shareholders accept a $0.067 per share takeover offer from Kinterra Capital.

New World Resources Limited has formally recommended shareholders accept Kinterra Capital's unconditional $0.067 per share takeover offer, following the withdrawal of a competing bid. The offer represents a substantial premium over recent trading prices and includes provisions for option cancellations and accelerated vesting of performance rights.

PointsBet Holdings Limited has issued a Target’s Statement recommending shareholders accept MIXI Australia’s $1.20 per share all-cash takeover offer, highlighting a significant premium and rejecting a rival scrip bid from Betr Entertainment.

Kinterra Capital has increased its takeover offer for New World Resources to A$0.067 per share after securing a 39.46% stake, with the New World board unanimously backing the bid and urging shareholders to accept before the August deadline.

Kinterra Capital has withdrawn its review application to the Takeovers Panel after increasing its offer for New World Resources, prompting the board to recommend acceptance and Central Asia Metals to exit the race.

Kinterra Materials & Infrastructure Critical Opportunities Fund II has raised its takeover bid for New World Resources Limited shares to A$0.067, securing unanimous support from the NWR board and clearing the field after a rival offer withdrawal.

PointsBet has firmly dismissed Betr Entertainment’s unsolicited scrip takeover proposal, endorsing instead MIXI Australia’s superior all-cash offer. The board highlights significant risks and uncertainties tied to Betr’s bid while unanimously recommending shareholders accept MIXI’s $1.20 per share offer.

New World Resources’ board unanimously backs Kinterra Capital’s revised $0.067 per share offer, following Central Asia Metals’ decision not to match. Shareholders face a July 24 deadline to accept the bid and secure increased value.

New World Resources has acknowledged an increased takeover offer from Kinterra, triggering a matching rights process with Central Asia Metals. The board signals potential for a superior proposal amid a competitive bidding landscape.

MIXI Australia Pty Ltd has initiated an all-cash off-market takeover bid for PointsBet Holdings Limited at $1.20 per share, a significant premium recommended unanimously by the PointsBet Board. The offer promises certainty of cash consideration amid competing bids and regulatory conditions.

MIXI Australia has lodged a bidder’s statement for an all-cash $1.20 per share takeover offer for PointsBet Holdings Limited, with the PointsBet Board unanimously recommending acceptance in the absence of a superior proposal.

Kinterra Capital has raised its takeover offer for New World Resources to A$0.066 per share, making the bid unconditional and signaling a possible further increase if it secures a 30% stake.