Deals

Galwey Horticultural sold the 301-hectare Broome property to Bidyadanga Aboriginal Community for $6.5 million.

Local investors have swooped on the industrial building in a $13.65 million deal.

Henderson-based Civmec has signed a deal to acquire Luerssen Australia, the shipbuilder contracted to make patrol vessels for the Royal Australian Navy.

Rio Tinto is boasting the world’s largest lithium resource base and major growth options after striking a counter-cyclical $US6.7 billion ($A9.9 billion) deal to buy Arcadium Lithium.

Copper play Metals Acquisition Limited has launched a $140 million placement which it says could aid inorganic growth opportunities.

HMC Capital sold the near new childcare centre to local investors for more than $7 million, as part its divestment program.

Perth edtech company Qoria is set to acquire data analytics business OctopusBI while completing a $30 million capital raising to fund the takeover.

South Korean company Hanwha Ocean has walked away from its $1 billion pursuit of shipbuilder Austal, accusing the target of not engaging constructively in a due diligence process.

An entity linked to Richmond WA, the key family business of the Hodgson family, has bought a Subiaco office building.