MELBOURNE – Helloworld Travel Ltd (ASX:HLO) said on Wednesday it has submitted a non-binding indicative proposal to acquire Webjet Group Ltd (ASX:WJL) for A$0.90 per share in cash, valuing the online travel agency at a significant premium to its recent trading levels. The offer represents a 31% premium to Webjet’s undisturbed closing price of…
SYDNEY: Australian miner Horizon Minerals Ltd said on Friday it has agreed to sell its non-core Lake Johnston nickel project to Forrestania Resources Ltd for A$35 million ($23.2 million), as it focuses on developing its flagship gold asset. The divestment, outlined in a binding Heads of Agreement, will see Horizon receive A$30 million in…
SYDNEY — SHAPE Australia Corporation Limited (ASX: SHA) announced Wednesday it has entered into a binding agreement to acquire the business and assets of Arden Group, a national retail fitout and facilities maintenance specialist, for an upfront payment of $25 million. The acquisition, expected to complete by Dec. 31, 2025, includes two additional contingent earn-out…
BRISBANE – Australian cloud networking firm Megaport Limited (MP1.AX) said on Monday it has agreed to acquire compute provider Latitude.sh, a move aimed at creating a combined platform to tap into growing demand for artificial intelligence (AI) and hybrid cloud services. The acquisition, which is expected to close by Dec. 31, 2025, will merge…
SYDNEY: Cluey Ltd (ASX: CLU), Australia’s largest online tutoring platform, has announced a binding agreement to acquire Education Futures Group Pty Ltd (EFG), the parent company of the Art of Smart group, in a deal valued at up to $6.5 million. The acquisition is part of Cluey’s strategic push into hybrid education, combining its…
SYDNEY: Scout Security Ltd. (ASX: SCT), a white-label security-as-a-service platform, announced Wednesday it has entered into a binding agreement to acquire New York-based DIY home security innovator Roo Inc. in a merger of equals. The deal, valued at approximately A$7.11 million, will combine Scout’s technology with Roo’s product suite, intellectual property, and distribution partnerships.…
Verbrec to acquire Alliance Automation for $5.5 million, divests Competency Training business SYDNEY: Australian engineering services firm Verbrec Limited (VBC.AX) said on Wednesday it has agreed to acquire automation and control company Alliance Automation from Telstra Group Limited (TLS.AX) for an upfront cash consideration of A$5.5 million ($3.6 million). The acquisition, outlined in a share…
PERTH – Australian exploration company Mount Ridley Mines Ltd said on Thursday it has appointed Allister Caird as its chief executive officer, effective immediately, to lead the development of its rare earth and critical minerals projects. Caird, a geologist with over 15 years of experience, joins from Locksley Resources Ltd, where he was head of…
SYDNEY – Australian family tech platform Tinybeans Group Ltd said on Monday it has agreed to acquire the assets of U.S. digital journaling app Qeepsake Inc. in an all-scrip deal valued at $2.7 million, a move set to significantly expand its paid subscriber base and accelerate its path to profitability. The acquisition will add about…
SYDNEY – Australian non-bank lender Pepper Money Limited PPM.AX said on Monday it has entered a consortium with global investment firm KKR KKR.N to acquire the RAMS home loan portfolio from Westpac Banking Corp. The portfolio comprises A$21.4 billion ($13.9 billion) in residential mortgages as at September 30, 2025. Under the binding agreement, Pepper Money…
SYDNEY – Australian marketing firm IVE Group Ltd (IGL.AX) said on Monday it has entered a long-term marketing services agreement with Domino’s Pizza Enterprises (DMP.AX) and acquired two businesses, Impressu Print Group and Budget Mail Services, as part of a strategic expansion. The deal with Domino’s is a 6+2 year supply agreement, under which IVE…