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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).

Oceania Healthcare raising $75mn to repay bank debts

Posted on August 29, 2021August 29, 2021

AUCKLAND: Oceania Healthcare Limited is raising up to $75 million through fixed rate bonds to repay bank debts. Oceania Healthcare Limited is issuing up to $75 million (with the ability to accept oversubscriptions of up to $25 million) of seven year secured fixed rate bonds to New Zealand institutional and retail investors. The proceeds of…

BWX Limited acquires 50.1% stake in Go-To

Posted on August 27, 2021August 27, 2021

MELBOURNE, AUSTRALIA: BWX Limited has agreed to acquire a 50.1% interest in Go-To, one of Australia’s leading omnichannel skin care brands for approximately A$89 million, a news release said. Group CEO and Managing Director of BWX, Dave Fenlon said: “Zoë is a proven brand-builder and innovator. We are really excited to be partnering with her…

The Warehouse Group invests in ZOOM Health

Posted on August 26, 2021August 26, 2021

AUCKLAND, NEW ZEALAND: The Warehouse Group has become a cornerstone shareholder in ZOOM Health Limited, news release said. ZOOM is a health technology company and shareholder in ZOOM Care Limited, an online pharmacy delivering prescription medicine to patients. The Warehouse Group CEO Nick Grayston says that such a service is crucial for New Zealanders, particularly…

Appen to acquire Quadrant for up to $45 million

Posted on August 26, 2021August 26, 2021

SYDNEY, AUSTRALIA: Appen Limited announced the acquisition of Quadrant, a global leader in mobile location and Point-of-Interest (POI) data, a news release said. To acquire 100% of the share capital of Quadrant, Appen will make an upfront cash payment of US$25 million and a potential additional payment of up to US$20 million in Appen shares…

Centrepoint Alliance to purchase ClearView Advice for $15.2mn

Posted on August 25, 2021August 25, 2021

SYDNEY, AUSTRALIA: Centrepoint Alliance has agreed to purchase ClearView Financial Advice Pty Ltd, Matrix Planning Solutions Ltd and LaVista Licensee Solutions Pty Ltd (together ClearView Advice) from ClearView Wealth Limited. Combined entity will have significant scale and access to further growth opportunities, with 1,303 advisers (490 licensed and 813 self-licensed), market-leading advice technology (Lumen compliance…

Bravura Solutions appoints Nick Parsons as new CEO

Posted on August 25, 2021August 25, 2021

SYDNEY, AUSTRALIA: Bravura Solutions Limited announced Nick Parsons will be appointed as Chief Executive Officer, effective 3 September 2021, as Tony Klim is stepping down from the Chief Executive Officer after a service of 13 years.  Departing Chief Executive Officer Mr. Tony Klim said, “It has been a great honour for me to serve Bravura…

NZME divests ecommerce platform GrabOne to Global Marketplace

Posted on August 24, 2021August 24, 2021

AUCKLAND, NEW ZEALAND: New Zealand Media and Entertainment (NZME) Limited announced it has reached an agreement to sell ecommerce platform GrabOne business and assets to Global Marketplace New Zealand Limited (GMP) for NZD$17.5 million. The transaction is due to be completed no later than 31 October 2021. The agreement follows NZME’s announcement in November 2020…

Lisa McIntyre appointed to Fisher & Paykel Healthcare Board

Posted on August 24, 2021August 24, 2021

AUCKLAND, NEW ZEALAND: Fisher & Paykel Healthcare Corporation Limited advises that Lisa McIntyre, PhD, has been appointed as a non-executive director of the company with effect from 1 October 2021. “We are pleased to announce Lisa’s appointment and look forward to the insight she will bring to the Board,” said Scott St John, Board Chair….

SKS Technologies to purchase shares of Integrated Solutions for $5mn

Posted on August 23, 2021August 23, 2021

SYDNEY, AUSTRALIA: SKS Technologies Group Limited has entered into a binding shares purchase agreement to acquire all shares of Integrated Solutions Group Queensland Pty Ltd. The total value of consideration shares purchase is $5 million with an initial cash amount of $1.8 million plus $1.2 million of new shares in SKS Technologies both due upon…

Ampol offers to acquire Z Energy at a price of $3.78/share

Posted on August 23, 2021August 23, 2021

AUCKLAND, NEW ZEALAND: Z Energy (ZEL) has received a non-binding indicative proposal from Ampol to acquire Z Energy at an offer price of $3.78 per share. The proposal would be implemented by way of a scheme of arrangement, a court-supervised process under which a meeting of shareholders would be held to vote on the transaction….

Fargo Enterprises to acquire Odessa Minerals

Posted on August 23, 2021August 23, 2021

SYDNEY, AUSTRALIA: Fargo Enterprises Limited has signed a binding Term Sheet to acquire 100% of the issued capital in Odessa Minerals. Odessa has entered into agreements to acquire a 90% interest in the Aries Project from Jindalee Resources Limited, a 100% interest in the Calwynyardah Project from Volclays Pty Ltd, and 100% interest in the…

Pushpay to acquire Resi Media for $150 million

Posted on August 23, 2021August 23, 2021

SYDNEY, AUSTRALIA: Pushpay has entered into a definitive agreement to acquire 100% of the ownership interests in Resi Media LLC for $150 million, a news release said. The purchase price will be paid by the issue of $40 million of new Pushpay shares, with the balance paid in cash. The cash component will be funded…

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