Latest Takeover News

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.

Rio Tinto and Glencore have entered preliminary talks about a possible all-share merger via a Court-sanctioned scheme of arrangement, though no firm offer has been made. The mining giants have until early February to decide on progressing the deal.

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.

Southern Cross Media Group has completed its acquisition of Seven West Media, issuing shares to Seven shareholders and announcing significant leadership and board changes.

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.

BlueScope Steel has received a $30 per share takeover proposal from a consortium of SGH Limited and US-based Steel Dynamics, sparking fresh speculation about the steelmaker's future.

Embark Early Education Limited has initiated an off-market takeover bid for Mayfield Childcare Limited, offering shareholders a choice between scrip or cash consideration at a significant premium. The bid aims to consolidate operations and expand Embark’s footprint across Australia’s childcare sector.

Ainsworth Game Technology has issued a Target's Statement responding to an unsolicited proportional takeover bid by Kjerulf David Hastings Ainsworth amid an ongoing full takeover offer from Novomatic. The Independent Board Committee refrains from recommending acceptance or rejection, highlighting complex shareholder choices.

Renergen Limited’s shares will be suspended from ASX trading on December 31, 2025, marking a key step in its acquisition by ASP Isotopes Inc. This suspension follows the formal implementation of a scheme of arrangement agreed earlier this month.

Toro Energy has secured a crucial Foreign Investment Review Board approval for its acquisition by IsoEnergy, moving the deal closer to completion. Shareholder and court approvals remain as the next steps.