Deals

Investors have welcomed news this morning that Programmed Maintenance Services will be purchased by a Japanese staffing company for about $780 million in cash.

Shares in Tanzania-focused Graphex Mining rebounded after the company announced it had struck a revised agreement with its Chinese partner over the Chilalo graphite project.

Print communications provider IVE Group Australia has signed a four-year deal with Seven West Media's publishing arm to produce its entire stable of regular mastheads. 

Macmahon Holdings chairman Jim Walker said the contract miner would focus on executing its growth plans after shareholders voted overwhelmingly today in support of a tie-up with Indonesian company PT Amman Mineral Nusa Tenggara (AMNT).

Pancontinental Oil & Gas has made changes to its board and executive line-up after completing its acquisition of private company Bombora Natural Energy.

The world's largest lithium producer will make a $A150 million investment in Kidman Resources' Mt Holland project near Southern Cross, and plans to build a new refinery in the region.

Talga Resources has agreed to work with a German building materials producer to explore the use of graphite and graphene to enhance concrete applications.

SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state’s top performers in financial year 2016 in Business News’s annual analysis of total shareholder returns.

Subiaco-based software company K2fly has made its first acquisition since listing on the ASX last year, announcing today the purchase of a local specialist data collaboration company that counts the state's three biggest iron ore miners as its clients.

Poseidon Nickel and Aphrodite Gold have agreed to form a jointly-owned company to own Poseidon’s processing facilities at its Black Swan nickel operation and Aphrodite’s nearby gold tenements.

A new Perth-based gold and copper-focused exploration company has announced plans to raise up to $6 million by way of an initial public offering and list on the ASX.

Swift Networks has announced the acquisition of a Sydney-based company for $6 million, tapping investors and entering into a debt facility with Bankwest to fund the deal.

Spanish-controlled CIMIC Group has backed away from its former takeover target Macmahon Holdings, selling its 23.6 per cent stake in the Perth company for $46.8 million.

A Perth-based exploration company in the process of acquiring lead and silver assets in the Murchison region has announced plans to undertake a $6 million initial public offering and list on the ASX.

West Perth-based Platinum Mortgage Securities has entered into a products sale agreement with La Trobe Financial, following a transfer of funds between the two businesses last year.

Cockburn-based security surveillance technology company Spectur is seeking to raise up to $4.5 million by way of an initial public offering, and list on the ASX.

Copper explorer MOD Resources has entered into an agreement to sell its Sams Creek gold project in New Zealand to a company planning to list on the ASX.

Africa-focused Cradle Resources has pulled the plug on a $55 million takeover by joint venture partner Tremont Investments, on the back of proposed changes to certain Tanzanian laws.

Heavy equipment supplier Emeco Holdings will leave its struggling operations in Chile behind through an asset swap agreement that will boost its Australian fleet by 85 units.

Aspiring miner Heron Resources has tapped investors for about $240 million and says it is now fully funded to develop its Woodlawn zinc-copper project in NSW.

Perth-based Wolf Minerals has received a $16.8 million extension to its existing debt facility with Resource Capital Funds, as problems at its Drakelands tungsten mine in England continue.

Aquacuture firm Atlas Pearls and Perfumes has locked in two debt facility agreements for a total of $3 million, one of which is with its director, Tim Martin.

Diversified company Veris has further expanded its national surveying division through the acquisition of Canberra-based LANDdata Surveys for up to $4.8 million in cash.

Global business Siemens is expanding its footprint in the rail infrastructure sector with the acquisition of Perth-headquartered MRX Technologies for an undisclosed sum.

Silver Lake Resources has announced the sale of its remaining interests in the Murchison region to Metals X spin-out Westgold Resources in a cash-and-shares deal worth $10 million.

Brierty has signed a new facility and debt restructure agreement with Bankwest that is conditional on the company’s rectification plan at Rio Tinto’s Western Turner Syncline project being approved by the iron ore miner.

Gold-focused Calidus Resources has begun trading on the ASX after raising $7.8 million from investors and completing a reverse takeover of biotech company Pharmanet Group.

ASX-listed tech firm Dreamscape Networks has entered into an agreement to acquire a Singapore-based hosting and domain services business for about $30 million in cash and scrip.

APA Group will construct a new $180 million gas pipeline and power station to provide energy to Gold Road Resources’ Gruyere gold project near Laverton.

A hostile acquisition attempt aimed at junior explorer Lepidico has passed deadline with minimal acceptances and will not go ahead, the takeover target says.

Golden Mile Resources has wrapped up its first day of trading on the ASX, after raising $4.5 million from investors through an initial public offering.

Sandfire Resources will spend $3 million to earn a majority stake in Thundelarra’s Red Bore project, which lies adjacent to the copper miner’s DeGrussa operation in the Bryah Basin.