Deals

Swedish tech company Hexagon has reached a deal with Mineral Resources to supply autonomous technology for a fleet of 120 road trains for its Pilbara operations.

The sale was split between Westbridge Funds Management and an east coast investor.

Perth Basin resident Strike Energy made an unsolicited proposal for its joint venture partner Talon Energy that has since been withdrawn.

Perth corporate adviser Maurice Argento has sold his boutique consulting firm to Deloitte, marking the second time he has sold his business to one of the ‘big four’.

Perth-based EX Engineering has been acquired by Sydney-based electric goods firm IPD Group in a deal worth $10.2 million in cash and shares.

Botanix Pharmaceuticals has secured commitments from investors and is on track to raise $12.5 million via a placement to fund the buyout of financial obligations owed to another company.

Mineral Resources has abandoned plans to put $1 billion towards developing lithium chemicals plants in China, instead affirming intentions to build its own on home soil.

The Quinlivan family, behind Skippers Transport, has bought the 1.8-hectare property, which changed hands for the first time in 25 years.

The local buyers, who are brothers and dermatologists, intend to transform the vacant site into a warehouse and logistics facility.

Perth tech group Electro Ventures has completed a $22 million capital raising while also closing its investment in a local firm that converts classic cars to electric.

Shares in Ken Brinsden-chaired lithium aspirant Patriot Battery Metals are locked in a trading halt as the company pulls together a response to a critical short-selling report and deal speculation.

Engineering giant WSP expects the green energy transition will boost opportunities in the mining sector.

Carnarvon Energy is waiting on approval from the Foreign Investment Review Board to sell a slice of its Dorado project to Taiwan's national oil and gas enterprise.

Indonesia’s second richest person has added Margaret River’s Aravina Estate to a growing local leisure and hospitality portfolio.

A transport and logistics company has bought the industrial site with a view to relocate there.

Ardea Resources has signed a memorandum of understanding with a Japanese consortium to develop a sub-set of its Kalgoorlie nickel project after tabling a price tag of $3.18 billion.

An east coast family has purchased a medical centre in Cockburn Central from a local investor.

Perth entrepreneur Steve Tobin has sold his prized Aravina Estate six years after he first put it on the market.

Wyloo Metals has secured the shareholder support it needs to take over nickel player Mincor Resources, in what could prove a key deal for Andrew Forrest's downstream processing ambitions.

Westgold Resources has exited the takeover contest for Musgrave Minerals after announcing it didn’t intend to improve its $177 million merger proposal following Ramelius Resources’ offer.

Global accounting and advisory firm branch Nexia Perth has merged with Subiaco-based peer Cicero Group, taking on board four of its five staff members.

After sidestepping a merger proposal from Westgold Resources, Musgrave Minerals is on board with a competing cash and scrip offer from fellow Murchison resident Ramelius Resources.

Develop Global has lined up a $150 million scrip deal to buy lithium junior Essential Metals, after securing the backing of major shareholder Mineral Resources.

Centurion Transport has acquired national express freight business Rocky’s Own Transport, as part of the transport and logistics provider's expansion to service other major industries.

Fenix Resources is set to buy Mount Gibson Iron's Shine iron ore mine on care and maintenance and its rail and port assets in the Mid West under a $25 million deal.

Another luxury retail store will make itself home in Perth’s CBD after Lease Equity brokered a deal for Christian Dior to open its first boutique in WA.

Gold junior Musgrave Minerals has knocked back Westgold Resources’ $177 million merger proposal, telling shareholders to reject what it has called an ‘opportunistic’ offer from the mid-tier explorer and miner.

Vulcan Energy Resources has secured a deal with SLB to boost geothermal-lithium brine production from its zero carbon lithium project in Europe.

BCI Minerals has signed an offtake deal with Japanese investment firm Itochu Corporation to supply salt from its flagship Mardie project, which is facing a $700 million cost creep.

Northern Star Resources is set to pay $67 million for an exploration project to feed its Jundee operation while notching a long-term power deal with Zenith Energy.

Established WA contractor Perenti Group plans to acquire smaller counterpart DDH1 in a deal that prices the growing Canning Vale-based business at more than $400 million.

Wesfarmers' health and beauty division has upped its offer to $180 million to acquire SILK Laser Clinics after previously walking away from negotiations.