Deals

Northern Star Resources has sold a large portion of its Kalgoorlie operations to Evolution Mining on the same day it appointed Stuart Tonkin as the goldminer’s new managing director.

Western Mines Group is the newest explorer to list on the ASX, with its share price lowering slightly ahead of planned drilling programs in Western Australia.

Strike Energy has bought $22 million worth of shares in joint venture partner Warrego Energy, effectively raising its exposure to the West Erregulla development in the Perth Basin.

ASX-listed Empired is being acquired by Capgemini Australia, which has offered to pay $1.35 in cash for every share held in the IT firm.

French engineering group Altrad Services it set to acquire listed contractor Valmec, in a deal that values the Kewdale business at $52 million.

Telstra is considering taking over the Pacific operations of a communications service provider in partnership with the Australian government, which would block China from buying the assets.

Melbourne's St Barbara has bought a significant stake in Kin Mining from philanthropist and mining magnate Kerry Harmanis.

Perth executives Bill Beament and Nev Power are among the key players in a new US company looking to raise $US287 million ($A380 million) to invest in mining and metals.

Perth-based analytics firm Faster Horses has been acquired by UK-based market research firm YouGov for an undisclosed sum.

Paramount Safety Products has joined a wave of large privately-owned companies in Perth accepting big-ticket takeover offers from offshore buyers.

Telstra chief executive Andrew Penn says asset sales are needed to fund services in rural and regional Australia.

Kerry Stokes-led Seven Group is poised to take control of listed building and construction company Boral after lifting its ownership stake above 50 per cent.

The leaders of a takeover offer for Sydney Airport are disappointed it has been rejected, and claim the business has plenty of challenges.

Law firms Steinepreis Paganin and Thomson Geer and stockbroker Canaccord Genuity were the top deal makers in the June half.

Meal kit delivery provider HelloFresh wants to buy rival Youfoodz for $125 million as merger and acquisition activity continues on the share market.

Shares in NRW Holdings closed up 12 per cent today after one of its clients exercised an option to buy back $81 million of equipment at a NSW coal mine.

Wesfarmers wants to buy Australian Pharmaceutical Industries, announcing today a $687 million offer for the business.

ASX-listed Veris has agreed to purchase a 49 per cent stake in indigenous-owned land and construction surveying company Wumara Group.

Perth-based mining technology company Kinetic Logging Services has been sold for a bumper price of more than $150 million, with local investor Viburnum a big winner.

Seven Group Holdings’ hostile takeover of Boral is moving closer to success, after increasing its offer price and lifting its holding to 35 per cent.

Ozz Resources has become the latest explorer to list on the ASX, with its search for gold to begin this month using some of the proceeds from its $5 million IPO.

Mining company Mineral Commodities has secured funds through a share placement and rights issue to continue exploration and complete plant upgrades in South Africa.

Australia's biggest and busiest airport has received a surprise takeover offer after its market value was dented in the past year in the wake of the coronavirus pandemic.

ASX-listed MOQ is building its Western Australian presence through the acquisition of local IT business Dienst Consulting.

Aspiring producer AVZ Minerals has lifted its stake in the Manono lithium and tin project after securing $40 million from investors.

A mining company with a major copper-zinc asset in Western Australia has listed on the ASX after raising $528 million.

Sports Entertainment Group has agreed to buy the Perth Wildcats from long-time owner Jack Bendat for $8.5 million.

Neometals has revealed plans to demerge its Mt Edwards nickel asset in Western Australia, a move that will allow the company to focus on its core battery materials projects.

Australia Post has entered new agreements with both the Commonwealth Bank and NAB, which will offer banking services in post offices for the next decade.

Telstra Corporation has sold off just under half its mobile towers business to a high-powered consortium, including Australia's sovereign wealth fund, for almost $3 billion.

Winsome Resources has taken more steps towards listing on the ASX, with Canaccord Genuity appointed to lead its initial public offering.

Ardea Resources has raised $5.7 million through a share placement to fund feasibility work at the company's Kalgoorlie nickel project.