ComputerCORP Ltd today announced an agreement to purchase Queensland IT firm Coretech for up to $4.2 million in staged cash and share payments over two years.
Windimurra Vanadium Ltd today completed a $25 million capital raising, joining a handful of small and mid-cap mining companies thathave defied the market downturn to raise additional funds.
Incremental Petroleum Limited has announced that it has concluded the purchase all of a further 10 per cent equity in the Edirne licence in Western Turkey from one of its Turkish partners for US$1.5 million.
PERTH-based mineral sands producer Olympia Resources has rejected Territory Resources takeover cash bid, saying its offer was less than half of what it should be according to an independent expert.
Property and maintenance services company Spotless Group Ltd has made a hostile $556 million bid for Programmed Maintenance Services Ltd, one year after PMS bought Perth-based Integrated Group Ltd.
The RBA governor Mr Glenn Stevens delivered a speech this morning to Smart Capital 2008: The Euromoney Australian Financial Markets Innovation Congress in Sydney.
A local engineering group has been awarded nearly $3 million by the federal government to fast track the commercialisation of technology that is designed to save rail companies time and money.
Former state opposition leader, Matt Birney, has teamed up with one of Australia’s biggest corporate farming groups to establish a new business in the emerging industry of carbon offsets.
Burswood-based Wavenet International Ltd has announced the sale of its modem technology business for at least $2.15 million, with the potential for further payments.
West Perth-based property developer Cedar Woods Properties Ltd has reported a 67 per cent fall in net profit for the half year to December 31 2007, although the company maintains it is on track to meet a full year net profit of $20 million.
Perth-based Perilya Ltd and Sydney-based CBH Resources Ltd have announced a $489 million merger deal to form a globally significant producer of lead and zinc.
The use of debtor finance by Western Australian businesses recorded a rare drop in the December quarter to $1.3billion following five years of strong growth, the Institute for Factors and Discounters (IFD) of Australia and New Zealand has reported.
Australian companies Nkwe Platinum Limited and International Goldfields Ltd have issued statements playing down speculation they were planning to complete a deal over some of their African platinum projects.
Iluka Resources Ltd's near $1 billion capital restructure despite tough capital markets hails a much needed positive for a company that has endured two tough years in the wilderness.
HBOS, the parent of Western Australia's biggest retail bank operator BankWest, was forced to deny it is in financial difficulty after rumour-fuelled selling hit the UK banking giant in trading overnight.
Churchlands-based Navitas Ltd said today that the establishment of its program for international students at McMaster University College in Canada has been delayed due to further discussions at the university.
The impending mutualisation of GESB, the Government Employees Superannuation Board, has allowed me to dig into a few areas that I haven’t touched before.
Celebration Homes has won an award for most affordable family housing at the Master Builders Association – BankWest Metropolitan Housing Excellence awards.
PERTH investment banking group Argonaut has sold a 20 per cent stake in the business to Apollo Asia Opportunity Master Fund, LP, and formed a strategic alliance with Apollo for its new merchant bankin
