Latest Takeovers News

The Takeovers Panel has received an application alleging undisclosed associations and possible breaches of takeover laws following a massive off-market transfer of Adslot shares valued at $723,870.

Aldoro Resources has secured A$4.3 million through unsecured convertible notes, providing funding to accelerate development at its Kameelburg Critical Minerals Project and exploring a potential Hong Kong Stock Exchange listing.

Venari Minerals has raised an oversubscribed $6.1 million to fund key development stages at its Red Mountain Lithium and Strategic Minerals Project in Nevada, including resource upgrades and a scoping study targeted for early 2027.

True North Copper (ASX:TNC) has agreed to sell its Bundarra Copper Project to Tec Minerals, securing A$500,000 cash, A$1 million equity in Tec Minerals, and a 1% Net Smelter Royalty, as it sharpens focus on its Mt Oxide and Cloncurry copper developments.

Barramundi’s portfolio returned a solid 3.8% gross gain in Q2 2026, driven by strong AI-related infrastructure plays and takeover interest in key holdings, despite sector volatility and profit downgrades in healthcare and logistics.

Perpetual Limited has formally dismissed EQT AB’s improved but conditional acquisition proposal, deeming the offer insufficient for shareholders amid ongoing strategic shifts.

Samuel Holdings has agreed not to trade its shares in DGR Global without Takeovers Panel approval, locking in its stake during ongoing proceedings sparked by Jeremy Raper's application.

Altair Minerals has unveiled an ambitious and fully funded 75,000m drilling program at its Greater Oko gold project in Guyana, marking one of the largest inaugural gold exploration campaigns in the country. The strategy targets multiple zones including South Oko, North Peters, and new regional prospects, backed by a robust cash position and enhanced operational capabilities.

Loyal Metals has sent its Scheme Booklet to shareholders detailing the proposed A$0.45 per share acquisition by PT Bumi Resources, setting the stage for a shareholder vote on 20 August 2026.

Matrix Composites & Engineering’s acquisition by Advanced Innergy Solutions is now legally effective, triggering share suspension and an imminent delisting from the ASX.

Loyal Metals has cleared a key regulatory hurdle with ASIC registering the Scheme Booklet for its proposed A$0.45 per share acquisition by PT Bumi Resources. The Independent Expert endorses the deal as fair and reasonable, while Loyal’s board unanimously backs the scheme, setting the stage for a shareholder vote.

Steadfast Group confirms Kohlberg Kravis Roberts has joined the consortium bidding to acquire the company at $6 per share, with no change to the transaction timeline or terms.