Gold Road Resources says it won’t increase its all-cash offer for explorer Apollo Consolidated after being outbid last week, but has left the door open with respect to its 19.9 per cent shareholding.
Sigma Healthcare has withdrawn efforts to merge with Priceline owner Australian Pharmaceutical Industries leaving Wesfarmers to push ahead with a takeover.
Brewing giant Lion will go ahead with its purchase of Stone & Wood owner Fermentum after the competition watchdog found many more craft brewers will remain.
Westgold Resources has sought to withdraw its $120 million takeover proposal for Gascoyne Resources after a conflicting merger was approved by the Supreme Court of WA.
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.
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.
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.
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.
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.
