Scotland-based energy technology company Proserv has acquired specialist subsea engineering business Velocious, which was established in Perth seven years ago.
A UK-based business has swooped on Cool Clear Water Group, buying the Perth-based water purification and dispensing system distributor for $60 million.
Troy Resources has extended its $188 million takeover offer for Azimuth Resources by two weeks, after failing to secure enough acceptances from existing shareholders to close the bid.
Rialto Energy is seeking to raise up to $21 million to fund exploration and development work at its oil and gas acreage off the coast of Cote d'Ivoire.
Fast-growing Geraldton business Bhagwan Marine has expanded its service offering and geographical presence through the acquisition of a Northern Territory marine services business.
Three directors of takeover target Firestone Energy have resigned, leading to the withdrawal of a shareholder meeting requisition by bidder Waterberg Coal Company.
Debt-laden Elders has received at least one formal bid for its main rural services business and is working on securing a sale, following eight months of negotiations.
Iron Road has shrugged off uncertainty in the iron ore sector, going ahead with plans to raise $50.7 million to complete a feasibility study at its Central Eyre iron ore development in South Austra
As the slowdown in mining and exploration starts to bite across mining and related industries, company executives are faced with a choice of tightening their belts or letting them out.
Car dealer network Automotive Holdings Group has added Mazda to its stable of WA dealerships, with the acquisition of Jason Mazda in Osborne Park for $13 million.
Diversified explorer FairStar Resources has secured $260 million in project finance, which will cover 80 per cent of the development cost of its Steeple Hill iron project in the eastern Goldfields.
WESTERN Australian stockbrokers CPS Securities and Indian Ocean Capital have agreed to merge to create the ninth biggest stockbroking operation in the state.
US-focused oil and gas junior Sundance Energy has raised $48.1 million through a share placement, to fund development of its shale gas and conventional oil acreage in Texas and Mississippi.
OM Holdings has announced a plan to raise $24 million to fund continued development at its OM Sarawak manganese and ferrosilicon smelting project in Malaysia.
Austbrokers Holdings has expanded its insurance underwriting agency business with the purchase of majority shareholdings in Perth-based Lawsons Underwriting Australasia and Melbourne-based Guardian
Former CITIC Pacific Mining chairman Dongyi Hua has paid $15 million to take a controlling 40 per cent stake in struggling engineering and construction contractor VDM Group.
Peet chairman Tony Lennon has lifted his interest in the land development company to 21.4 per cent after participating in a special placement tied to its takeover of east coast property company CIC
Subiaco company Kairiki Energy has cancelled a $12 million right issue that was “partially and conditionally” underwritten by Patersons Securities, after failing to achieve its minimum subscription
