Select Exploration has brought in a new broking firm to support a $5 million capital raising, ahead of its planned reverse takeover of rent.com.au, after Bailleau Holst backed out of its appointment as joint lead manager.
Osborne Park-based contractor Otoc is continuing its east coast expansion plans with a proposal to buy a Queensland surveying and planning firm for a cash and share package worth up to $4.4 million.
The March quarter was a quiet period for M&A transactions in WA, although the deals that were announced attracted their fair share of controversy. Click through to see details on 78 WA deals worth $2.4 billion.
Woodside Petroleum has completed the purchase of Apache Corporation's interests in the Wheatstone and Balnaves projects, as speculation continues over the ownership of Apache's remaining Australian assets.
Mining equipment supplier Bradken has rejected a takeover offer from private equity group Pacific Equity Partners and US-based Koch Industries, which valued the company at $427 million.
Investors have welcomed news that Claremont-based Segue Resources has signed a joint venture agreement with Port Exploration at its Pardoo nickel and iron project in the Pilbara.
Automotive Holdings Group has splashed $5 million on an acquisition of the Paceway Mitsubishi dealership in Osborne Park and another dealership in Brisbane.
New Standard Energy has secured $US3 million ($A3.9 million) from its existing debt facility with Credit Suisse to provide working capital while it continues transaction discussions with unnamed parties.
Emeco Holdings has postponed the $75 million purchase of truck rental business Rentco, as it seeks to address criticism of the deal from some of its biggest shareholders.
Shares in thermal energy company Enerji surged on news it will be collaborating with Perth-based technology firm Panorama Synergy to develop a hydrocarbon monitoring system.
Perth technology entrepreneur Nathan Buzza has added to his investment in health informatics company Alcidion Corporation, which has raised $1.5 million to fund the expansion of its Miya platform.
US energy giant Chevron is narrowing its Australian focus onto its Gorgon and Wheatstone gas projects, by selling its $5 billion stake in Caltex Australia and exiting an onshore gas project wh
Evolution Mining has confirmed media reports that it is in discussions on the potential puchase of La Mancha Resources' gold mine in Kalgoorlie, for a price understood to be around $400 million.
Greater scrutiny by corporate regulators of backdoor listings on the ASX is not slowing the flow of new transactions, with six Western Australian companies announcing transformational deals in the past fortnight.
Shares in Perth-based Kibaran Resources surged on news it had received an offer from an unnamed institution to co-finance the company's Epanko graphite project in Africa, with a loan of up to $28 million.
Education services provider Navitas has entered into a 10-year agreement with University of Northampton to establish a pathway college for international students at the UK university.
Perth entrepreneur Zhenya Tsvetnenko has announced plans for a backdoor listing of his online advertising business Mpire Media, two months after an earlier, more generous deal was terminated.
Empire Oil & Gas has kicked off a $15.7 million capital raising to fund new drilling at its flagship Red Gully North project and evaluate other projects in the Perth Basin near Gingin.
West Perth-based gold explorer Mount Magnet South has announced plans to sell its Kirkalocka project in the Murchison region to Ozchina Enterprises for $1.7 million.
Perth-based minerals explorer Newera Resources will proceed with its proposed acquisition of Arena Exploration in order to own a substantial proportion of the Plomosas zinc project in Mexico, following the completion of due diligence.
Fortescue Metals Group may have to sell a stake in its iron ore mines or rail infrastructure as it looks to pay down debt after abandoning a $US2.5 billion refinancing.
Medical marijuana company Phytotech Medical has entered into an agreement to wholly acquire Canada-based MMJ Bioscience, in a deal worth about $20.7 million.
Shares in copper miner Latitude Consolidated skyrocketed on news it plans to exit the resources sector with a proposed acquisition of consumer services technology company Yatango through a scrip deal valued at about $18 million.
TPG Telecom insists that its $1.4 billion bid for internet provider iiNet is good for the takeover target's shareholders, despite opposition from some investors.
