Latest Takeover News

Diamond Infraco has increased its takeover bid for Atlas Arteria to A$5.10 per security, marking a 17.78% premium over pre-offer prices and declaring the offer unconditional except for prescribed occurrences. The bidder urges securityholders to accept or sell on-market before the June 25 deadline.

oOh!media has received revised indicative takeover proposals around $1.60 per share from multiple bidders but cautions shareholders as no binding deal is assured.

Aussie Broadband has finalized its takeover of AGL Telco, adding 350,000 connections and setting the stage for significant earnings growth. The company is also progressing key customer migrations and upgrading its growth ambitions toward 1.3 million NBN connections.

Horizon Oil has lifted all but one condition from its off-market bid for Cue Energy, maintaining a controlling 52.46% stake while the final hurdle over prescribed occurrences remains unresolved.

Tourism Holdings Limited has allowed the BGH-led consortium to conduct due diligence after a revised all-cash offer of NZ$3.10 per share. The Board remains cautious, with no recommendation or decision yet on the potential acquisition.

Hartshead Resources NL’s takeover by ACAM GP Limited clears its final legal hurdle, triggering suspension of Hartshead shares and setting key dates for shareholder payouts.

Barramundi Limited’s May update reveals a 2.3% adjusted NAV decline, weighed down by CSL’s earnings downgrade and Brambles’ operational setbacks, despite positive contributions from Xero and Credit Corp.

Cue Energy’s Independent Board Committee has doubled down on its unanimous recommendation for shareholders to reject Horizon Oil’s takeover offer, which remains at a low acceptance level and declared 'best and final'.

The Supreme Court of Western Australia has approved ACAM GP Limited’s full acquisition of Hartshead Resources via a scheme of arrangement, setting the stage for the company’s ASX suspension and shareholder payouts next month.

Xingye Gold (Hong Kong) Mining Company Limited has opened an off-market takeover bid for Far East Gold Limited at $0.13 per share, offering a significant premium amid stalled projects and funding concerns.

Larvotto Resources will acquire Hammer Metals in a $55 million scheme delivering a 64% premium, while Hammer shareholders retain exposure to Western Australian gold assets through a demerger.

Forrestania Resources has boosted its Lady Lyla gold deposit resource to 41,700 ounces at a higher grade, unveiling a maiden Indicated category that now constitutes the majority of the resource. The update follows a substantial drilling campaign and sets the stage for further development work at the Forrestania Gold Hub in Western Australia.