Deals

Telstra Corporation has sealed a Department of Defence deal worth more than $1 billion which includes providing 5G mobile services.

The spinout of Aldoro Resources’ gold assets has listed on the stock exchange, closing up 12.5 per cent on its offer price.

Shares in Subiaco-based Australian Potash dropped nearly 21 per cent after concluding a $12 million capital raise that is set to add another 150 million shares to its register.

Westgold Resources’ proposed takeover of fellow goldminer Gascoyne Resources cannot proceed after the Supreme Court of WA approved a conflicting merger deal with Firefly Resources.

Bassendean-based Aus Fleet Solutions Group will drop its long-standing affiliation with Thrifty to work with global car rental giant Europcar.

Global Lithium Resources has attracted funding from one of the world’s largest EV battery producers via a $13.6 million capital raise while Blackstone Minerals is on track to raise $60 million.

Seven West Media is proposing to buy regional TV broadcaster Prime in a deal valued at $131.9 million.

Ramelius Resources has lifted its offer for Apollo Consolidated to $181 million to trump that of takeover rival Gold Road after securing backing from the target’s board and second largest shareholder.

A bidder’s statement has been sent to the shareholders of Gascoyne Resources, who will consider a $120 million takeover proposal while a conflicting merger deal heads to court next week.

JBS Australia is acquiring Huon Aquaculture Group after shareholders voted in favour of the takeover, including Andrew Forrest who criticised the deal, citing animal welfare concerns.

APM founder Megan Wynne will become a billionaire when it lists on the ASX, with a prospectus lodged with ASIC showing the company will have a $3.3 billion market capitalisation.

Fortescue Future Industries has acquired the commercial assets of US-based start up Xergy for an undisclosed amount to form a new hydrogen technology development entity.

Subiaco-based Auroch Minerals is set to spend funds raised from high-net worth investors to fund base-metal exploration campaigns across Western and South Australia.

Subiaco-based West African Resources is raising funds to acquire another gold project in Burkina Faso where construction is expected to start early next year.

West Perth-based Firefinch is looking to raise more capital to develop its Mali gold and lithium projects in the company’s second round of fundraising activity this calendar year.

Westgold Resources has improved its all-scrip offer for fellow Western Australian goldminer Gascoyne Resources, following a rejected application to the Takeovers Panel.

The federal government is playing up its partnership with Telstra to buy a South Pacific mobile and broadband company as a sign of its commitment to the region.

Engineering and construction contractor Clough has expanded its North American presence by acquiring privately owned company J.J. White Incorporated.

The Takeovers Panel has rejected an application submitted by Westgold Resources in relation to its hostile takeover offer for fellow Western Australian goldminer Gascoyne Resources.

APM has finalised the terms of its stockmarket float, with the Perth company planning to raise $972 million, confirming it as WA’s largest-ever IPO.

The Australian singer-songwriter’s Byron Bay “piece of paradise” will join the likes of RM Williams and Cooee in the Forrest's lifestyle investment portfolios.

Lykos Metals’ shares have risen 60 per cent on the company’s first day of trading, while fellow Western Australian explorer Nimy Resources is seeking to list next month.

Gold Road Resources has stepped in to counter Ramelius Resources’ proposed takeover bid for Apollo Consolidated, tabling an all-cash unconditional offer.

Private investment group Tribar Capital has bought a fully-leased West Perth office building for $5.35 million.

Global law firm Clifford Chance is relocating to ground floor offices at 235 Saint George’s Terrace from its current offices at number 190.

Canadian miner Noront Resources is now recommending shareholders take up a new cash offer from BHP, trumping an earlier bid from Andrew Forrest-backed Wyloo Metals.

De Grey Mining is looking to institutional investors to fund the development of what it believes may become one of the largest producing gold mines in Australia.

Wyloo Metals is the frontrunner to acquire Noront Resources, with the Andrew Forrest-backed outfit set to reel in the Canadian nickel miner over a competing bid from BHP.

A local medtech focused on the early detection of heart disease has sought $40 million through an IPO, which will in part be used to fund the development and commercialisation of its software.

Apollo Consolidated shares ascended after receiving an off-market takeover offer from WA gold player Ramelius Resources as the company ramps up pursuits for feasible gold assets.

Westgold Resources has submitted its bidder’s statement for Gascoyne Resources following a week of contention related to the multi-million-dollar takeover.

The federal government will provide half the funding for a salt and potash project to be developed by Kerry Stokes-backed BCI Minerals, after committing an extra $150 million.