Latest Takeover Offers News

Iris Cairns Property Trust has confirmed new funding arrangements and plans to extend its takeover offer period for Reef Casino Trust, navigating regulatory hurdles and reassuring investors of its financial backing.

Embark Early Education has removed major hurdles from its off-market takeover bid for Mayfield Childcare, signalling stronger momentum towards acquisition.

Ainsworth Game Technology reveals a significant $43.1 million goodwill impairment tied to its North American operations, alongside other one-off losses, tempering its FY25 profit outlook.

DGR Global has clarified its board's stance on Jiangxi Copper's takeover offer for SolGold, deeming it significantly undervalued. The company’s final voting position remains undecided ahead of the critical SolGold shareholder meeting.

Mayfield Childcare Limited reported stable revenue and improved profitability in Q4 FY25, outpacing peers in occupancy growth while rejecting a takeover offer from Embark Early Education.

Venus Metals Corporation progresses its Sandstone Bellchambers gold project with a new mining lease and exploration targets, while extending its Bridgetown JV farm-in and navigating an unsolicited takeover offer.

Mayfield Childcare Limited’s board has issued a Target’s Statement recommending shareholders reject Embark Early Education’s unsolicited takeover offer, citing undervaluation and significant risks. The offer, which includes a scrip or cash option, is seen as opportunistically timed amid Mayfield’s operational turnaround.

Venus Metals Corporation has issued a second supplementary target’s statement urging shareholders to reject QGold’s increased takeover offer of $0.21 per share, citing significant undervaluation of its key assets and improved financial position.

QGold Pty Ltd has raised its takeover offer for Venus Metals Corporation shares to $0.21 and extended the offer period to 30 January 2026, signalling a firm final bid in the ongoing acquisition attempt.

QGold Pty Ltd has increased its all-cash takeover offer for Venus Metals Corporation shares from 17 to 21 cents and extended the offer period to 30 January 2026, signalling renewed intent to secure full ownership.

BlueScope Steel’s board has unanimously dismissed a $30 per share takeover proposal from SGH and Steel Dynamics, calling it opportunistic and undervaluing the company’s assets and growth prospects.

Venus Metals Corporation urges shareholders to reject QGold's takeover bid, highlighting an independent valuation of its Sandstone Gold Project at $4.39 million and underscoring significant exploration upside.