Latest Takeover 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.

The Federal Court has given the green light to Aura Consolidated Group’s takeover of Qoria Limited, setting the stage for a share suspension on ASX and the start of Aura CDIs trading next week.

The Supreme Court of New South Wales has approved the scheme of arrangement for Rubik Australia to acquire Qube Holdings, setting the stage for trading suspension and ownership transfer.

Austral Resources Australia Ltd has tabled a non-binding proposal to acquire Hammer Metals Ltd at A$0.087 per share, outbidding Larvotto Resources and aiming to bolster its Rocklands copper operations with a substantial new feed source.

Hammer Metals has received a non-binding proposal from Austral Resources to acquire 100% of its shares via a scheme, coupled with a demerger of its WA gold assets into a separate entity valued at 8.7 cents per share.

A significant shareholder bloc opposing Floorscape's acquisition has forced Bremworth to abandon its Scheme of Arrangement, leaving the flooring manufacturer to pursue standalone growth amid tough market conditions.

Matrix Composites & Engineering shareholders have overwhelmingly approved the acquisition scheme by Advanced Innergy Solutions, clearing a major hurdle ahead of Federal Court approval and delisting.

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.

Cobre Limited has achieved a swift operational turnaround at its Sierra Atacama copper mine, generating positive operating cash flow within two months of assuming control. The company targets a significant production ramp-up supported by capital investments and ongoing optimisation.

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.

Qube Holdings Limited will be removed from the S&P/ASX 200 Index before trading opens on July 9, 2026, following its pending acquisition by Rubik Australia, pending final court approval. Develop Global Limited will take its place in the index.