SYDNEY – Centrepoint Alliance Ltd. (ASX: CAF) said Tuesday its first-half normalized earnings rose 17%, and it struck a deal to sell its lending aggregation business to Astute Financial Management Pty Ltd. in a transaction that will increase annual earnings starting next fiscal year. The financial services firm reported unaudited normalized EBITDA of $6.2 million…
Category: Australian Exchange
Australian Securities Exchange news today and company announcements regarding mergers, acquisitions, appointments, expansion and technology of companies listed on Australian Securities Exchange (ASX).
Aeris Resources to acquire Peel Mining in landmark copper deal
Sydney – Aeris Resources Limited has announced a major strategic move with the acquisition of Peel Mining Limited, a deal set to reshape the copper landscape in Australia’s Cobar region. The transaction, structured as an all-scrip Scheme of Arrangement, will see Aeris absorb Peel’s South Cobar Copper Project, including the advanced Mallee Bull and Wirlong…
Domino’s names Andrew Gregory as new global CEO and MD
BRISBANE: Domino’s Pizza Enterprises Ltd. announced Tuesday the appointment of Andrew Gregory, a longtime quick-service restaurant executive, as its next Group Chief Executive Officer and Managing Director. Gregory will assume the role no later than Aug. 5, following the conclusion of his obligations with his current employer. Gregory brings more than three decades of experience…
Aussie Broadband deal with AGL seen boosting earnings, market share
MELBOURNE: Aussie Broadband Ltd. said Wednesday it will acquire AGL Energy Ltd.’s telecommunications business in a $115 million share‑based deal that will make AGL a substantial shareholder and expand Aussie Broadband’s market position. The agreement, announced Feb. 11, will add about 350,000 broadband and mobile connections to Aussie Broadband’s customer base. The company expects the…
Sims Group has acquired Tri-Coastal Trading in Houston for $66.5 million
HOUSTON: Global metal recycling company Sims Group announced a strategic acquisition Tuesday to consolidate its Houston operations, a move it says will expand market share and unlock significant real estate value. The company entered into an agreement to acquire Tri-Coastal Trading in Houston for $66.5 million. The deal values the operation at less than four…
Xamble Group to acquire majority stake in Malaysian influencer platform Youths Today
SINGAPORE: Xamble Group Limited, a Southeast Asian influencer marketing platform, announced Monday it has agreed to acquire a 55.6% stake in YToday Sdn Bhd, the operator of the Malaysian influencer platform YouthsToday, for 330,000 Australian dollars (approximately $218,000). The deal, expected to be finalized by April 2026, will significantly expand Xamble’s geographic reach from three…
Australia’s Little Green Pharma to acquire Cannatrek in all-stock deal
SYDNEY: Australian medicinal cannabis company Little Green Pharma Ltd (LGP.AX) said on Monday it has agreed to acquire smaller rival Cannatrek Ltd in an all-stock deal, aiming to create one of the world’s largest pure-play medicinal cannabis firms. Under the proposed scheme of arrangement, LGP will acquire 100% of Cannatrek’s shares. Cannatrek shareholders will receive…
Aura Consolidated Group to acquire Qoria Limited in $3 billion deal
SYDNEY: Digital safety provider Aura Consolidated Group Inc. has agreed to acquire Australia-listed Qoria Limited in an all-stock transaction that will create a combined entity with a pre-money equity value of approximately A$3.0 billion (US$1.96 billion), the companies announced on Monday. The deal, structured as an Australian scheme of arrangement, will see Boston-based Aura list…
FortifAI completes acquisition of Nol8 technology through FastAI deal
SYDNEY: FortifAI Limited (ASX: FTI) said Monday it has completed the acquisition of FastAI Pty Ltd, securing full ownership of the Israeli firm Celerriem Ltd and its exclusive license to the Nol8 “Next Generation Binary Search Technology.” The deal, first announced Dec. 15, 2025, and approved by shareholders Jan. 21, 2026, was finalized through the…
Australia’s AUI agrees to merge with Diversified United Investment in $2.5 billion deal
SYDNEY: Australian United Investment Company Ltd (AUI.AX) on Friday announced a proposed merger with Diversified United Investment Ltd (DUI.AX), creating a combined listed investment entity with an equity value of approximately A$2.53 billion ($1.7 billion). The all-share deal, structured as a scheme of arrangement, will see AUI acquire all DUI shares it does not already…
Proteomics International names David Morris as CEO
SYDNEY: Proteomics International Laboratories Ltd (ASX: PIQ) announced on Wednesday the appointment of David Morris as Chief Executive Officer and Managing Director, effective January 19, 2026. Morris succeeds founder Dr. Richard Lipscombe, who will retire in February after 25 years leading the precision diagnostics company. Morris, a veteran healthcare and medical technology executive, has held…
Australia’s Little Green Pharma to merge with Cannatrek in all-stock deal
SYDNEY: Australian medicinal cannabis company Little Green Pharma Ltd (ASX: LGP) has entered into a binding agreement to acquire 100% of rival Cannatrek Ltd via a scheme of arrangement, the companies announced on Wednesday. The all-scrip transaction will see Cannatrek shareholders receive 1.835806 new LGP shares and 0.727502 new contingent value (CV) shares for each…