MELBOURNE: TALi Digital Ltd (ASX: TD1), a digital health company, has announced the acquisition of You Can Do It! Education (YCDI!), a social-emotional learning program, for $1.34 million. The deal, funded by TALi’s existing cash reserves, includes an upfront payment of $1.14 million and $200,000 in installments over 24 months. YCDI!, an Australian-based program, focuses…
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).
Thor Energy subsidiary granted gas storage exploration licenses in South Australia
ADELAIDE: Thor Energy plc announced Monday that its subsidiary, Go Exploration Pty Ltd, has accepted an offer from the South Australian Department for Energy and Mining for three Gas Storage Exploration Licenses (GSELs 804, 805 and 806). The licenses, strategically located near Adelaide, provide exclusive rights to explore underground gas storage potential across more than…
Vulcan Energy receives building permits for phase one renewable power plant in Germany
SYDNEY: Vulcan Energy (ASX: VUL, FSE: VUL) announced it has secured building permits for a 30-megawatt geothermal renewable energy plant and electrical substation as part of its Phase One Lionheart Project in Landau, Germany. The project aims to integrate lithium production with renewable energy generation for Europe’s battery electric vehicle industry. The geothermal plant will…
ASX sells stake in Digital Asset Holdings for $57 million, books $42 million gain
SYDNEY: The Australian Securities Exchange (ASX) announced Thursday it has sold its stake in U.S.-based Digital Asset Holdings, LLC, for approximately $57 million, recognizing a pre-tax gain of $42 million for fiscal year 2025. The sale marks a $10 million pre-tax gain over ASX’s original acquisition cost. ASX said the gain will be recorded in…
Brookfield Infrastructure sells 23.2% stake in Dalrymple Bay Infrastructure
BRISBANE: Brookfield Infrastructure Partners has agreed to sell approximately 23.2% of its stake in Dalrymple Bay Infrastructure Limited (ASX:DBI), the company announced Thursday. The sale involves 115 million stapled securities through a block trade agreement underwritten by Barrenjoey Markets Pty Limited. Following the transaction, Brookfield will retain a 26.25% interest in DBI, remaining its largest…
Hastings Technology Metals appoints Vince Catania as CEO
PERTH: Hastings Technology Metals Limited (ASX: HAS) announced Thursday the appointment of Vince Catania as its new chief executive officer, effective immediately. Catania, who previously served as the company’s general manager of corporate, succeeds outgoing leadership as the rare earths miner advances its flagship Yangibana project. Catania joined Hastings in January 2023 and played a…
FINEOS outlines strategic shift toward subscription model, AI integration at 2025 AGM
SYDNEY: FINEOS Corporation Holdings a global provider of core systems for life, accident and health insurers, is doubling down on its transformation into a high-margin, subscription-driven business, while emphasizing operational efficiency, artificial intelligence (AI) integration and deepening market traction, according to company leadership at its 2025 Annual General Meeting. Held virtually Thursday morning, the AGM…
MPower Group to sell renewable energy business to Wollemi for $19 million
SYDNEY: MPower Group Limited (ASX: MPR), a leading Australian renewable energy and battery storage developer, announced today it has agreed to sell substantially all its business assets to climate-focused investment firm Wollemi Energy Group for approximately $19 million. The deal, outlined in a binding Business Sale Agreement, includes MPower’s renewable energy platform, the Lakeland Solar…
Dalaroo Metals to acquire 80% stake in gold project in Côte d’Ivoire
PERTH: Dalaroo Metals Ltd. (ASX: DAL) announced plans to acquire up to an 80% interest in the Bongouanoa Gold Project in Côte d’Ivoire, a move that expands its footprint in the gold-rich Sefwi-Comé Belts of West Africa. The project, covering 400 square kilometers, has shown promising results from historical exploration, including high-grade gold intercepts from…
Qantas Group to shut down Jetstar Asia, redeploy aircraft to core markets
SYDNEY: The Qantas Group announced Wednesday it will close its Singapore-based subsidiary, Jetstar Asia, as part of a strategic restructuring to focus on its core markets in Australia and New Zealand. The move will free up $500 million in capital to support the group’s fleet renewal program. Jetstar Asia, which has operated for over 20…
Johns Lyng Group receives takeover proposal from Pacific Equity Partners
SYDNEY: Johns Lyng Group (ASX: JLG), an integrated building services provider, confirmed it received a non-binding indicative proposal from Pacific Equity Partners (PEP) to acquire 100% of its shares via a scheme of arrangement. The proposal, disclosed after market close on May 16, includes an opportunity for senior management, including CEO and largest shareholder Scott…
FOS Capital to acquire Aldridge Traffic Systems in $3.1 million deal
MELBOURNE: FOS Capital Limited (FOS) announced today it will acquire the street lighting assets of Aldridge Traffic Systems Pty Ltd (ATS) from the financially troubled Traffic Technologies Ltd (ASX: TTI), which entered voluntary administration in April. The $3.1 million acquisition will be funded through a $3.7 million equity raising, with shares offered at a 3.2%…