Latest Takeover News

Zenith Minerals has reaffirmed its board's unanimous recommendation for shareholders to accept Forrestania Resources' off-market takeover offer, which includes a premium valuation and follows Forrestania's recent $310 million capital raising and strategic acquisition of the Edna May Gold Hub.

Forrestania Resources has extended its takeover offer for Zenith Minerals shares to 31 July 2026 following a binding agreement to acquire the Edna May Gold Project for A$300 million, backed by a $310 million capital raising.

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.