Quadrant Energy will pay $10 million to withdraw from a joint venture with Buru Energy and Mitsubishi Corporation, which together own oil and gas exploration permits in the Canning Basin.
A Bentley biotech company led by Graham Melrose is planning a $5 million initial public offering, after six years of research on the development of synthetic antibiotics.
Local explorers Encounter Resources, Horseshoe Metals and RNI have announced plans to raise a combined $9.8 million to fund ongoing work at their respective projects.
Perth-based Southern Cross Electrical Engineering has been hired to finish off work at Yara International’s $US800 million Burrup ammonium nitrate project in the Pilbara, after Downer walked off the job last week.
IT firm ASG Group has built on its relationship with the federal government with the renewal of a new contract with the Department of Infrastructure and Regional Development worth $23.8 million.
Real estate companies Stocker Preston and Peard Real Estate Group have entered into an informal joint venture agreement to integrate their marketing, training and administration systems.
Private equity groups are on track to gain control of two mining operations, after Aditya Birla Minerals sold its mothballed Mt Gordon operation, while Atherton Resources looks set to be acquired in a takeover valued at about $56 million.
One week after a big spike in its share price, Northern Mining has finalised plans to buy a major stake in a China-based gold exploration firm for a cash and share package worth $7.25 million.
SeaLink Travel Group is set to become Australia's largest marine tourism and transport company through its acquisition of Transit Systems Marine for $125 million.
The board of infrastructure services group Cardno has told its shareholders to reject a $215 million takeover proposal it received earlier in the week from Crescent Capital Investments.
Newcrest Mining is looking to increase its exploration acreage in West Africa through a proposed joint venture agreement with Perth-based company Taruga Gold, while AngloGold Ashanti has advanced plans to redevelop its Obuasi mine in Ghana.
Local exploration firms Impact Minerals, Lucapa Diamond Company, and General Mining Corporation have taken in a combined $8.4 million from successful capital raisings.
Former Amcom Telecommunications chairman Anthony Grist has invested in listed tech company Decimal Software, which is seeking extra cashflow while awaiting the receipt of a research and development tax refund.
Perth entrepreneur Andrew Hopkins has struck a lucrative deal in the most unlikely of sectors, agreeing to sell his Gemini panel beating business to listed company AMA Group for $100 million.
Ten Network Holdings has rejected the concerns that has led the competition watchdog to hold up Foxtel's bid for a 15 per cent stake in the broadcaster.
Perth security company Threat Protect Australia marked its listing on the ASX today with news it has completed due diligence on one of two planned acquisitions.
The family that holds a majority interest in Diploma Group has formally launched a takeover offer for all shares it doesn’t own in the business, at a bargain basement price of 1.5 cents per share.
Commonwealth Bank of Australia shares have gone into a trading halt as the lender completes a retail bookbuild for the remainder of its capital raising.
Perth-based rare earths explorer Greenland Minerals and Energy will undertake a $6.1 million non-renounceable rights issue to fund ongoing work at its Kvanefield project.
Woodside Petroleum has spent the past 60 years focused on the development of its own projects in Australia, but in the space of one year, two major takeover deals collectively worth $15 billion look set to reshape the Perth-based energy giant.
Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all-scrip deal valued at more than $11 billion.
The final step in TPG Telecom’s takeover of iiNet is due to happen today, when iiNet shareholders will be paid $9.55 per share, however, staff and customers face an uncertain future.
There aren’t many businesses that relish the lack of daylight saving in Perth, but newly formed market research firm Thinkfield says the time difference to the east coast creates big opportunities.
Dempsey Minerals has announced a change in direction with a proposed acquisition of a local unlisted oil explorer, in a deal valued at about $2.6 million.
Stakeholders in Sirius Resources have shown their support for the proposed acquisition by Independence Group, with three recommendations passing by an almost unanimous vote.
