SYDNEY – Australian investigative analytics software maker Nuix Ltd (NXL.AX) said on Wednesday it has agreed to acquire French graph intelligence firm Linkurious for a maximum enterprise value of €20 million ($35.4 million), aiming to bolster its data visualisation and artificial intelligence capabilities. The acquisition of Linkurious, a Paris-based provider of a graph-powered AI decision…
MELBOURNE – Control Bionics Ltd said on Wednesday its U.S. subsidiary has agreed to acquire the remaining stake in Neuro Elite Athletics LLC, the company behind the NeuroBounce athletic performance program, in a deal valued at about US$500,000. Control Bionics Ngage Inc. will purchase the outstanding 77.83% interest for US$389,150 through the issuance of shares…
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 A$0.685…
SYDNEY— Airtasker Limited (ASX:ART) said Monday it has expanded its strategic partnership with iHeartMedia Inc. (NASDAQ:IHRT), securing an additional US$5 million in advertising inventory to accelerate growth in the United States. The deal builds on an initial partnership launched in August 2024 that provided Airtasker USA with US$5 million in media resources and helped the…
MELBOURNE: Australian steelmaker BlueScope announced Thursday it has agreed to sell its 50% stake in the Tata BlueScope Steel (TBSL) joint venture to its partner, Tata Steel. The companies formed TBSL in 2005, building it into a leading supplier of coated and painted steel products for India’s building and construction sectors. In a statement, BlueScope…
SYDNEY: Australian health insurer Medibank Private Ltd said on Wednesday it has agreed to acquire primary care provider Better Medical for approximately $159 million, expanding its foothold in the country’s general practitioner sector. The acquisition of Better Medical, which operates a network of 61 GP and medical clinics across Victoria, Queensland, South Australia, and Tasmania,…
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 purchase…
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 critical…
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 will…
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 will…
SYDNEY – Australian insurance intermediary AUB Group Ltd said on Wednesday it has received an unsolicited, non-binding proposal from private equity firm EQT to acquire the entire company for A$45.00 per share in cash. The indicative offer from EQT’s affiliated entity, Arbutus Pte. Ltd, values the ASX-200 listed company at a significant premium and follows…
SYDNEY: Australian pawnbroking and personal lender Cash Converters International Ltd said on Monday it is raising roughly A$25 million ($16.6 million) in an equity offering to help fund the proposed acquisition of a network of 29 franchise stores in the country. The company, listed on the Australian Securities Exchange (ASX: CCV), will conduct the raising…