Deals

Wellard shares closed up 118 per cent on Monday, following news that it will sell its oldest livestock vessel, the M/V Ocean Ute, to Bassem Dabbah for $US12 million, or $18.1 million.

MMA Offshore’s biggest shareholders have backed Seraya Partners’ $1 billion takeover bid of the Perth-based marine services company.

The High Street property has sold to a local investor for $5 million.

The industrial building has changed hands for the first time in three decades.

Aveling Homes’ Michael Aveling has purchased the 4,028sqm site for $1.03 million.

Westbridge Funds Management sold the Baile Road property for $12.3 million.

Cyan MMA Holdings has increased its scheme consideration bid for MMA Offshore, in a deal that would be worth about $1.07 billion.

Develop Global has received $11.55 million in proceeds, following the exercising of options by managing director Bill Beament and non-executive chair Michael Blakiston.

The Margaret River distillery has changed hands for $5.5 million, with an Albany born NSW investor making the purchase.

The Australian Marine Complex building sold to engineering consultant AME, following its divestment of a nearby property.

The grandson of Alan Bond is set to acquire the Fremantle icon and adjacent carpark for $116.5m from Centuria, with plans to revitalise the asset.

Andrew Forrest-backed Swoop Holdings has entered into a binding sale agreement in order to divest its wholesale voice call termination business to Pivotel Group for $9 million.

Bain Capital has offered to acquire Autobarn parent company Bapcor, which operates in 840 locations across the country, for about $1.83 billion.

The property giant has added to its stable of regional accommodation assets, with the $6.45m purchase of Newman’s Seasons Hotel from Ascot Capital.

The Subiaco-based syndicator has purchased two medical centres from Centuria.

The state’s land developer has purchased a 4.63-hectare site in the Australian Marine Complex from engineering company AME.

The retail giant has entered an agreement to sell its Karratha City Shopping Centre to Melbourne’s Fawkner Property.

ASX company Viva Leisure is bringing a new health club brand to the WA market after striking a deal to buy eight existing gyms for $15.7 million.

Chris Wharton-chaired Stealth Group Holdings has announced it will acquire 100 per cent of Force Technology International for approximately $9.5 million.

A local developer has purchased the Tonkin Highway Industrial Estate asset.

Megan Wynne-founded APM Human Services has entered into a scheme implementation deed with US-based Madison Dearborn Partners.

The City of South Perth is set to transfer the retirement facility to private hands, following a $21.8 million deal.

The likely new owner of the Perth Wildcats is an Edith Cowan University graduate who started his working life at Telstra before building a global tech success story.

BHP will not be making a firm offer for Anglo American, saying its target had refused to provide key information that it required.

Two family-run Perth motels, owned by John Christie for more than 30 years, have been sold to international investors for a total of $57 million.

The sale of a holiday home to the Franco family and Empire Retreat to local investors have highlighted the attraction of the area.

The supermarket giant’s development arm has bought two hectares of land at Cedar Woods’ Eglinton estate for $14.3 million.

Listed FFI Holdings has bought $5 million of vacant industrial land in Jandakot, growing its local portfolio.

Patriot Battery Metals has announced it will raise $C75 million, or $A82.4 million, by way of a fully subscribed charity flow-through offer.

A specialist lender backed by Australia’s big banks is expected to gain control of Perth company Total Green Recycling after the failure of its parent Scipher Technologies.

The mining magnate has acquired a significant chunk of coastal land in a $107 million deal, as a plan to rezone the area sits with government.

RLF Agtech has completed the acquisition of Far North Queensland-based LiquaForce, after having satisfied all transaction conditions.