Latest Takeover News

Li-FT Power has signed a definitive agreement to acquire Azimut Exploration's 50% interest in the Galinée lithium property, a crucial step enabling its planned takeover of Winsome Resources. This deal strengthens Li-FT's position in Quebec's lithium sector alongside Winsome's flagship Adina project.

Seven West Media Limited shares have been suspended from the ASX following court approval of its acquisition by Southern Cross Media Group, marking a significant shift in Australian media ownership.

Suzerain Investment Holdings has declared its takeover bid for Entertainment Rewards unconditional, now holding nearly 97% of shares. The offer remains open until the end of December, setting the stage for potential full ownership.

Southern Cross Media Group has secured legal approval to acquire Seven West Media, marking a significant consolidation in Australia's media landscape. Seven West Media shares will be suspended as the scheme moves to implementation.

Elanor Investors Group has agreed to step down as manager of the Elanor Commercial Property Fund, accepting $8.5 million in compensation as Lederer Group moves to assume control. The transition promises fee savings and closer alignment with investors.

Global Uranium and Enrichment Limited has dispatched its Scheme Booklet to shareholders, marking a key step in Snow Lake Resources’ proposed acquisition. Shareholder and optionholder meetings are set for late January 2026 to vote on the transaction.

Antony Sage, founding director of Cyclone Metals, has lodged an application with the Takeovers Panel alleging coordinated shareholder actions to alter the board without proper disclosure. The dispute intensifies as Cyclone schedules a new meeting to consider further director removals.

360 Capital Group (ASX, TGP) has received an unconditional on-market takeover bid from TT Investments at $0.31 per stapled security. The Independent Board Committee unanimously recommends acceptance, supported by an Independent Expert's fair and reasonable opinion.

The Supreme Court of New South Wales has approved Southern Cross Media's acquisition of Seven West Media, setting the stage for a significant media industry consolidation early next year.

Forrestania Resources has declared its takeover offer for Kula Gold unconditional after securing over 76% ownership, extending the offer deadline to January 22, 2026. The move sets the stage for a reconstituted board and accelerated gold production ambitions.

Hartshead Resources NL has entered a binding agreement for acquisition by ACAM GP Limited, offering shareholders a 133% premium and a clear exit from development risks. The scheme is set for implementation in early 2026, pending approvals.

Seven West Media shareholders have overwhelmingly approved the proposed acquisition by Southern Cross Media Group, clearing a major hurdle ahead of final court approval.