Latest Takeovers News

SkyCity Entertainment Group turned down two unsolicited takeover proposals from Oaktree Capital and another party, citing undervaluation and onerous conditions. The company remains focused on its asset sales and operational reset.

Loyal Metals has secured court approval for its acquisition by PT Bumi Resources, setting the stage for trading suspension and scheme implementation in early September.

Altair Minerals has confirmed a widespread gold mineralisation system at its South Oko prospect, highlighted by a standout trench intercept of 10m at 10.15g/t Au. The mineralised shear zone remains open and untested beneath duricrust, with a 15,000m RC drilling program set to test its full scale.

Canyon Resources has postponed its first bauxite shipment from the Minim Martap project due to a suspension of loan drawdowns by AFG Bank and complications arising from an unsolicited takeover bid. The company is pursuing multiple funding avenues while managing cash carefully amid these setbacks.

WAM Research’s FY2026 investment portfolio dropped 18%, dragging the company to a $28 million net loss. Despite underperformance, the LIC sustains its 10 cents per share dividend, backed by strong reserves and franking credits.

Industrial Minerals Ltd (ASX: IND) has pinpointed a compelling gold target at its North Pool prospect within the Laverton Gold Project, confirming a strong geophysical anomaly aligned with historic high-grade drill results along the Chatterbox Shear Zone.

Loyal Metals has completed the acquisition of the Highway Reward Copper-Gold Project, clearing a major hurdle ahead of its A$79 million takeover by PT Bumi Resources. With shareholder approval secured, the scheme awaits final court endorsement.

A2MP Investments has pushed back the deadline for its takeover bid for Canyon Resources, giving shareholders more time to review key documents amid ongoing conditionality.

EQT Holdings has received a non-binding takeover proposal from BGH Capital valuing the company at $24.75 per share, subject to due diligence and regulatory approvals.

Accent Group posted a statutory loss for FY26 driven by a significant goodwill impairment, while reaffirming its 2030 growth ambitions and urging shareholders to reject Frasers Group's takeover offer.

Noble Helium is set to acquire Earth Source Hydrogen, gaining control of 40,000 square kilometres of helium prospective acreage in Western Australia’s Southern Carnarvon Basin. This strategic move complements its Tanzania project and positions the company to tap into growing global helium demand.

Regis Resources (ASX:RRL) delivered a landmark FY26 with a 181% surge in net profit to $715 million, underpinned by strong gold production and record prices. The company declared a fully franked 35 cents per share dividend, including a special 5 cents payout from the terminated Vault Minerals merger break fee.