Deals

West Perth-based human services company APM has appointed Goldman Sachs and Gilbert + Tobin to assess a stockmarket float likely to be worth in excess of $1.5 billion.

Fuel distributor Ampol has pitched a takeover offer for a New Zealand company on the same day as declaring a return to first-half profit.

Tasmanian business Huon Aquaculture today confirmed it had received a takeover proposal from Andrew Forrest’s Tattarang, lower than that of Brazilian meat processing giant JBS.

Liontown Resources’ non-lithium spinout will hit the ASX boards in October after it raises at least $15 million from an initial public offering.

Andrew Forrest’s Tattarang has bought $38 million of Western Areas shares since March, revealed a day after IGO confirmed the nickel miners were in takeover discussions.

Perth-based companies Jadar Resources and Tempus Resources are raising funds to progress their projects in Australia and Canada.

IGO has confirmed it is in discussions with fellow nickel miner Western Areas over a potential takeover worth more than $800 million.

Cirrus Networks' board has continued to reject a takeover proposal made by Webcentral Group, which is now seeking to remove three directors of the local IT services firm.

Perth-based Myanmar Metals has agreed to sell its entire interest in a historical lead and silver mine, impacting the likelihood of a $66 million takeover deal.

Western Australian company Battery Minerals has agreed to sell two graphite projects in Mozambique to an existing producer for $12.5 million in cash and shares.

Sydney Airport has swiftly rejected a revised takeover bid by an expanded group of infrastructure investors, saying the new offer still undervalues the company.

Peter Meurs and Perth-based Merchant Group have invested $9.5 million in biopharmaceutical company Dimerix, as part of a broader capital raising to fast-track clinical studies.

The noteholders in one-time lithium producer Altura Mining are set for a windfall gain, after the value of shares they are due to receive in Pilbara Minerals rocketed.

West Perth-based Galan Lithium has secured funds to continue exploring its Greenbushes South project in WA and its Argentinian assets.

South Australia’s Thor Mining has raised $1.5 million, primarily to fund continued exploration at its Ragged Range gold and nickel project in the Pilbara.

Perth-based Veris has revealed plans to demerge and publicly list its telecommunications business, Aqura Technologies, following a strong year of growth and significant contract wins.

Perenti subsidiary Ausdrill has partnered with the University of Technology Sydney and the Innovative Manufacturing CRC to co-develop a system for safer rock scaling operations.

Perth-based Proteomics International has partnered with the University of Melbourne and the Royal Women’s Hospital to develop a non-invasive blood test for endometriosis.

Andrew Forrest's Tattarang has lifted its stake in Huon Aquaculture to 18.5 per cent, less than a week after the fish-farming business received a takeover offer from meat processing giant JBS.

Balcatta-based Great Southern Mining is raising $2.5 million from a share placement to progress its projects in Western Australia and Queensland.

Tony Sage's European Lithium and fellow WA company Marvel Gold have secured funds to progress their projects in Austria and Mali.

Emerging producer Core Lithium has secured $125 million from share placements and hopes to raise a further $15 million to progress its Finnis project in the Northern Territory.

Three Perth dealmakers are behind an early-stage iron ore explorer that is seeking to list on the ASX despite ongoing disputes with its neighbour on Cockatoo Island.

National Australia Bank is buying Citigroup's consumer business and the two are devising new buy now, pay later products.

Perth-based Jadar Resources is acquiring two past-producing tin projects in the Northern Territory for $6.5 million in cash, plus options.

Shares in Perth-based Hot Chili have risen by more than 20 per cent after the copper explorer said it had secured funds to complete its purchase of an overseas project.

Family Zone has launched a $146 million capital raising to fund its acquisition of UK-based digital safety company Smoothwall.

Perth-based Resolute Mining has secured a new buyer for its Bibiani asset in Ghana, which has offered to pay $US90 million in cash.

DXN has joined the multi-million-dollar Australian Biome project after signing an agreement to provide the tourism site’s data centre and network connectivity.

Local companies Alderan Resources and Canyon Resources have secured funds to progress their copper and bauxite projects.

Tyre recycling company Pearl Global is raising $6 million to fund an expansion of its Stapylton productions plant.

After a combined 24 years with the company, Bentleys Perth audit partners are moving to business advisory firm Hall Chadwick.