Latest Takeover News

CZR Resources (ASX:CZR) has launched a recommended all-scrip takeover bid for Zuleika Gold (ASX:ZAG), valuing the company at $44.8 million and offering a significant premium to Zuleika shareholders.

Swoop Holdings has agreed to sell its Melbourne Fibre Project subsidiary to Singapore-based Xenith Infrastructure Group for $11 million plus project cost reimbursements. The deal offloads remaining capital commitments and will help reduce Swoop’s debt.

Toro Energy has officially been acquired by IsoEnergy’s subsidiary through a scheme of arrangement, with Toro shares now delisted from the ASX and shareholders receiving IsoEnergy shares as consideration.

Tourism Holdings Limited has received a fresh non-binding indicative offer from a credible strategic buyer at NZ$3.30 to NZ$3.40 per share, while continuing negotiations with the BGH Consortium over due diligence access.

RTO Limited reported a net loss of NZD 173,831 for the year ended 31 March 2026, remaining inactive while actively seeking a reverse takeover target. The company faces going concern uncertainty but secured shareholder support with a $200k loan agreement post-year-end.

IFM Investors' subsidiary Diamond Infraco has extended its takeover offer for Atlas Arteria by 14 days after crossing a 50% voting power threshold. The independent directors are reviewing their response ahead of a supplementary statement due next week.

Matrix Composites & Engineering has landed a significant A$34 million subsea buoyancy contract, boosting its FY27 workload as it navigates a major acquisition proposal.

PointsBet’s FY26 nine-month report reflects a transitional period marked by MIXI’s 66.4% takeover, a slight revenue dip to AUD 186.6 million, and a near breakeven normalised EBITDA. Australian revenue softened by 4%, while Canada grew 13% driven by iGaming momentum.

Pathkey.AI has finalised its takeover of Chipforge, an AI-driven semiconductor design company, issuing shares and performance rights as consideration. The move broadens Pathkey's AI platform capabilities from clinical trials into semiconductor engineering, aiming to shorten chip development cycles significantly.

Hartshead Resources NL has completed its takeover by ACAM GP Limited, delivering a cash payout to shareholders and triggering board resignations and new appointments ahead of imminent ASX delisting.

ClearView Wealth has lodged its Scheme Booklet with ASIC, outlining Zurich's $0.65-per-share takeover offer and setting the stage for a pivotal shareholder vote on 27 July 2026.

Quinbrook Asset Management has lodged a review application challenging a recent Takeovers Panel decision involving Kingsland Minerals. The Panel President has approved the application, but no review Panel has been formed yet.