Deals

Orora shareholders are in line to pocket $1.2 billion after the company decided to offload its cardboard packaging unit to Japan's Nippon Paper for $1.7 billion.

Perth-based Zelda Therapeutics has struck an agreement to merge with Ilera Therapeutics that could potentially be worth more than $65 million, as it seeks to grow in the heavily regulated global medical cannabis market.

Privately-owned Perth company APM has struck its third takeover deal in the space of a year, announcing a $51 million takeover agreement with ASX-listed Konekt

A privately-owned international bus operator that commenced operations in Perth in 1995 has struck a friendly merger agreement with SeaLink Travel Group, which operates the Rottnest and Swan River ferry services.

Plans by private equity group Siris Capital to acquire ASX-listed Dreamscape Networks have won strong backing at shareholder meetings held in Perth today. The big winners include managing director Mark Evans.

Perth-based Indus Energy has withdrawn plans to buy South Australian company New Era Oil and Gas and re-list on the ASX, after it concluded it could not raise the $4 million required.

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

Neometals has entered into a memorandum of understanding with a Chinese research organisation to jointly advance development of the miner's Barrambie titanium-vanadium project.

Cardinal Resources has raised $17.6 million through the exercise of listed options, while Black Cat Syndicate and Azure Minerals were also in the market for equity.

\Webster Limited is set to become the latest Aussie agribusiness firm snapped up by Canadian interests, with a proposed $854 million takeover by PSP Investments sending the nut and livestock producer's shares soaring by more than 50 per cent.

A Midvale business which creates simulated injuries for military and emergency services training has bought its United States counterpart as it plans to expand stateside.

Iconic Aussie sportswear brand Rip Curl has agreed to be acquired by Kathmandu in a $350 million deal that will create a $1 billion Australasian surfing and outdoor adventure company.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Kalgoorlie-based contractor MLG has recruited a high-profile finance executive as it moves closer to joining fellow mining services companies Mader Group and DDH1 Drilling in a stockmarket listing.

Talisman Mining has stuck a deal to sell its Sinclair nickel project to Saracen Mineral Holdings for $10 million in cash plus royalties.

Share market online chat forum HotCopper Holdings will venture into the North American market after signing a deal to acquire its Canadian equivalent, as it seeks to bounce back from a fiscal 2019 loss.

Oil and gas explorer Whitebark Energy and uranium-focused Toro Energy are seeking to advance their respective projects with equity, with Whitebark completing a share placement and Toro launching a share purchase plan.

The proprietors of the Rose Hotel in Bunbury and the Exchange Hotel in Kalgoorlie have purchased the iconic Subiaco Hotel.

Global wealth manager Skybound Capital has bought a 60 per cent stake in Western Australian online lender Fair Go Finance for $20 million.

UPDATED: Focus Minerals has opted to continue negotiating with Horizon Minerals over the sale of its Coolgardie gold project, despite Hong Kong-listed Hanking Gold Mining submitting an alternative offer.

Carnegie Clean Energy has reached the minimum of $5.5 million from its rights issue, but announced a shortfall of around $6 million, as the collapsed wave power company inches closer to recapitalisation and relisting on the ASX.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Copper and gold explorer Hot Chili has raised $12.1 million via a share placement, while Australian Vanadium and Blackstone Minerals have also locked in funds from capital raisings.

Hostplus and Club Super have agreed to merge into a single $43 billion superannuation fund for the hospitality and recreation sectors by November 1.

Bardoc Gold has received firm commitments to raise $12 million through a share placement to advance its Kalgoorlie region developments.

Swick Mining Services has raised $15 million via share placement, as the company positions itself for a period of growth.

Azumah Resources has pushed back against Ibaera Capital's hostile takeover bid, stating that the mining equity fund has paid substantially more for its current stake in the gold junior than the price of its takeover offer.

Interest in equity crowdfunding is growing locally, after Rhinohide reached its investment goal and fellow Perth-based business Tiller Rides announced more than 300 investors have expressed interest in supporting its capital raising.

Matsa Resources is seeking to raise up to $6 million via a share placement, with a portion of the funds to go towards further development at its Red October gold project.

Paringa Resources is seeking to raise $8.1 million, while Mali Lithium is on the hunt for $5.3 million, both via rights issues.

Woodside Petroleum has signed a preliminary agreement to supply liquefied natural gas to German utility Uniper for 13 years starting in 2021, contingent on Woodside developing its Scarborough gas project.

Ibaera Capital has made a hostile $27.4 million takeover bid for fellow West Perth-based company Azumah Resources, as the fund manager seeks to get both hands on its gold joint venture in West Africa.