Latest Takeover News

An application to the Takeovers Panel challenges Pact Group Holdings’ planned ASX delisting, citing concerns over shareholder disadvantage and selective disclosure.

Domain Holdings Australia has agreed to a $3 billion acquisition by CoStar Group, offering shareholders $4.43 per share and a potential special dividend, with strong board and major shareholder backing.

Webjet Group Limited has confirmed awareness of an undisclosed buyer seeking to acquire a significant stake in the company, coinciding with a recent 5% jump in its share price and heightened trading volumes.

PointsBet Holdings Limited has announced a scheme meeting for shareholders to vote on its proposed $1.06 per share acquisition by MIXI Australia, with an independent expert deeming the offer fair and reasonable amid a competing bid from betr Entertainment.

Challenger Gold Limited has formalized an Investment Protection Agreement with Ecuador, safeguarding its $75 million investment in the El Guayabo Project. Concurrently, the company announced a doubling of its Mineral Resource Estimate to 9.1 million ounces gold equivalent across its Ecuadorian assets.

Mayne Pharma has announced the expiration of the US antitrust waiting period, a critical step forward in Cosette Pharmaceuticals' proposed acquisition. The transaction now moves closer to completion, pending other regulatory and shareholder approvals.

Astral Resources has restated its Spargoville Gold Project resource following its Maximus takeover, consolidating its group gold mineral resource to 1.76 million ounces. The update aligns Spargoville’s estimate with Mandilla’s economic assumptions, setting the stage for upcoming development.

The Takeovers Panel has declined Emu NL’s request to review a prior decision, citing insufficient evidence and no compelling case of association. This regulatory setback leaves Emu NL without recourse for now.

Dropsuite secures Foreign Investment Review Board approval for its acquisition by NinjaOne, clearing a major regulatory hurdle ahead of the upcoming shareholder vote. Meanwhile, ASIC grants an extension for Dropsuite’s 2025 AGM, reflecting the pending transaction timeline.

The Acting President of the Takeovers Panel has declined an interim order to postpone FBR Limited’s upcoming Extraordinary General Meeting, keeping the scheduled vote on track.

A shareholder has lodged an application with the Takeovers Panel challenging FBR Limited’s upcoming extraordinary general meeting resolutions related to significant share placements and funding arrangements with Fidelity International.

Northern Star Resources has completed its acquisition of De Grey Mining through a scheme of arrangement, issuing new shares to De Grey shareholders and initiating De Grey’s imminent ASX delisting.