SYDNEY: Yojee Limited, a leading logistics technology company, announced Tuesday it has signed a 12-month usage-based services agreement with DSV Air and Sea Pty Ltd, a global transport and logistics specialist, to implement its Transport Carrier Management System (TCMS) across Australia. The agreement marks a significant step for Yojee, which aims to digitize land freight operations by…
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HighCom Limited appoints Todd Ashurst, DSM, as Group Chief Executive Officer
SYDNEY: HighCom Limited (ASX: HCL) has appointed Todd Ashurst, DSM, as Group Chief Executive Officer, following an extensive recruitment process. Mr. Ashurst brings to HighCom 32 years of distinguished military service with the Australian Army, where he ascended to the rank of Brigadier. His career includes senior command and executive appointments within the Australian Defence…
Metrics Income Opportunities Trust acquires BC Investment Group
SYDNEY: The Metrics Income Opportunities Trust (ASX: MOT) announced on Monday that it has agreed to increase its stake in BC Investment Group (BCI), a non-bank financial services group specializing in consumer lending for residential real estate, from 29.8% to 100%. The acquisition, facilitated by the MCP Credit Trust, in which MOT holds a 15.8%…
Spark New Zealand completes sale of remaining stake in Connexa
AUCKLAND: Spark New Zealand has finalized the sale of its remaining 17% stake in Connexa, New Zealand’s leading mobile tower infrastructure business, to global investment group CDPQ for approximately $311 million. The transaction, which was contingent on regulatory approvals, has now been completed. The deal values Connexa consistently with previous New Zealand mobile tower EBITDAI…
Kingsrose Mining acquires Jakon Nickel-Copper-Cobalt Project in Finland
HELSINKI: Kingsrose Mining Limited (ASX: KRM) announced today that it has acquired the Jakon nickel-copper-cobalt project in Central Finland from Rio Tinto Exploration Finland Oy. The acquisition is part of Kingsrose’s strategic expansion under its Exploration Alliance with BHP in the region. The Jakon project spans 205 square kilometers, bringing Kingsrose’s total controlled area in…
Altech Batteries to acquire additional stakes in CERENERGY and Silumina Anodes
SUBIACO: Altech Batteries Limited (ASX: ATC) has announced a binding agreement to acquire additional stakes in the CERENERGY® and Silumina Anodes™ projects from Altech Advanced Materials AG (AAM). The deal, valued at approximately A$23.3 million, will see Altech increase its ownership to 75% in the CERENERGY® project and 100% in the Silumina Anodes™ project. Under…
Strategic investor acquires 11.6% stake in Equity Story
SYDNEY: Equity Story Group Ltd (ASX: EQS) announced on February 28, 2025, that Capital Haus Pty Ltd has acquired an 11.6% strategic stake in the company at 2.6 cents per share, matching the last traded price on the Australian Securities Exchange (ASX). Capital Haus, a wealth management firm with offices in Australia, Dubai, and Switzerland,…
Superloop completes Uecomm acquisition, expands fiber network
SYDNEY: Superloop Limited (ASX: SLC) announced the successful completion of its acquisition of Uecomm Pty Ltd (Uecomm) on December 9, 2024. This strategic move adds over 2,000 kilometers of high-capacity fiber assets to Superloop’s existing network. The acquisition includes 800 kilometers of owned duct infrastructure, providing connectivity to more than 1,900 buildings and approximately 50…
Ovanti Limited appoints interim CEO amid U.S. expansion plans
MELBOURNE: Ovanti Limited (ASX: OVT), a fintech and digital commerce software solutions provider, announced on February 26, 2025, the appointment of Executive Chairman Daler Fayziev as interim CEO. This move comes as the company seeks to accelerate its entry into the U.S. buy now, pay later (BNPL) market. The decision follows the departure of former…
PointsBet agrees to $353 million acquisition by MIXI
MELBOURNE: PointsBet Holdings Limited, an Australian corporate bookmaker, has entered into a binding agreement to be acquired by Japanese consumer technology company MIXI, Inc. in a deal valued at approximately $353 million. The acquisition, announced on Feb. 26, 2025, will see MIXI Australia Pty Ltd, a wholly owned subsidiary of MIXI, acquire 100% of PointsBet’s…
BlueBet Holdings offers to acquire PointsBet for upto $360 million
SYDNEY: BlueBet Holdings Limited (ASX: BBT) has made an offer to acquire PointsBet Holdings Limited in a deal valued at between $340 million and $360 million, the company announced Wednesday. The proposed acquisition, presented through a non-binding indicative offer dated Feb. 18, 2025, involves a cash pool of $240 million to $260 million and scrip…
Titomic expands U.S. operations with acquisition of Huntsville manufacturing facility
PERTH: Titomic Limited, a global leader in advanced additive manufacturing and cold spray technology, announced Wednesday the acquisition of a 59,000-square-foot facility in Huntsville, Alabama, marking a significant milestone in its North American expansion. The Australian-based company, traded on the ASX under the ticker TTT, purchased the facility for $7.2 million. The site will serve…