Perth-based Jacka Resources says it has received all funds from an option underwriting agreement, which will be applied to upcoming appraisal and exploration work.
Troubled surfwear retailer Billabong has received an alternative takeover offer from a consortium comprising US private equity firm Altamont Capital Partners and retailer VF Corporation.
Altona Mining has to go it alone or find a new partner to develop its Queensland copper project after global miner Xstrata changed its mind and decided not to buy a majority stake in the project.
India-owned Sembawang Australia has widened its offer for Macmahon Holdings’ construction division, announcing a $38 million offer that also includes the purchase of the rail business.
Bedshed owner Joyce Corporation will investigate further an opportunity to invest in a national retail company that specialises in kitchens and wardrobes.
Macmahon Holdings says an existing agreement to sell its construction operations to Leighton Holdings means it is unable to let an Indian-based bidder conduct due diligence on the assets.
Henderson-based shipbuilder Austal has fallen $14 million short of its target for the retail component of a $78 million capital raising completed today.
MZI Resources has reached agreement with two major banks to secure a $54 million project finance facility for the Keysbrook mineral sands development south of Perth.
The future of Telstra Corporation's Trading Post is under a cloud after the competition regulator blocked a proposed deal with online classifieds operator carsales.com.
There has been a small burst of activity in the flagging new floats sector, with three Western Australian firms completing initial public offers this week, raising more than $25 million collectivel
Qantas Airways shares were flat in early trade as the airline welcomed a preliminary decision giving its proposed alliance with Emirates the green light.
The state government will get a US$22 million stamp duty windfall after Canadian company Cameco completed the purchase of the Yeelirrie uranium project for US$430 million.
Nexus Energy has exercised a put option to sell 2 per cent of its 17 per cent stake in the Crux gas field off the northwest coast to Royal Dutch Shell for $75 million.
Murchison explorer Fortunis Resources has made a successful debut on the Australian Securities Exchange after raising $2.8 million through an initial public offering last week.
Perth-based Firestone Energy has received an all-scrip takeover proposal from the Brian McMaster-chaired Range River Gold, that values it at $24.9 million.
Fairfax Media may be casting adrift one of its biggest cash generating units when it sells Trade Me, but it needs the money to support its ailing newspapers, analysts say.
