Andrew Forrest-backed telco Swoop has made its first major acquisition since listing on the ASX after finalising a $1.8 million deal to buy Victoria-based ISP Speedweb.
Wesfarmers has made a second takeover bid for a miner, with a $776 million proposal for lithium company Kidman Resources, as it seeks to benefit from the global uptake of electric vehicles.
Kidman Resources has successfully fended off Marindi Metals' claims of rights to the Mt Holland lithium project near Southern Cross, after a Supreme Court verdict was handed down last week.