Deals

Commonwealth Bank is taking control of John Symond's Aussie Home Loans, extending its position as the country's number one home lender.

Takeover target Australand says it has not received an approach from property giant Mirvac about a potential merger.

Perth-based Peak Resources plans to tap the market for funding by mid-2013 amid plans to begin producing rare earths in three years.

Tungsten Mining has made its debut on the Australian Securities Exchange, after raising $5.1 million through its initial public offering last week.

Perth-based Firestone Energy has received an all-scrip takeover proposal from the Brian McMaster-chaired Range River Gold, that values it at $24.9 million.

Administrators for collapsed nickel miner Kagara have reached agreement to sell off the group’s North Queensland assets for $40 million.

Fairfax Media may be casting adrift one of its biggest cash generating units when it sells Trade Me, but it needs the money to support its ailing newspapers, analysts say.

Perth-based junior Kinetiko Energy has raised $3 million to fund drilling activities at its Amersfoot coal bed methane project in South Africa.

Shares in surfwear retailer Billabong have soared on reports a former director has made a $527 million offer for the struggling company.

Perth-based Paringa Resources has raised $10 million through an initial public offering, which closed fully subscribed.

Australand has rejected an offer from fellow property company GPT Group for its commercial and industrial and investment property portfolio.

Perth-based Azure Healthcare has announced a deal to acquire Sedco Communications, one of its main competitors in the hospital communications systems sector.

Fortescue Metals Group says its Iron Bridge magnetite deposit near Port Hedland could be the next non-core asset it sells off, after it announced a significant increase in resources at the project.

US food processing giant Archer Daniels Midland (ADM) has had its second takeover knockback from Australia's GrainCorp in a month.

BC Iron has raised $47 million from a share placement which will ensure the company has enough funds to complete the its acquisition of an additional 25 per cent stake in the Nullagine iron ore joi

BHP Billiton has extricated itself from the contentious Browse gas project, agreeing to sell its interest to PetroChina in the third major ownership change the project has seen this year.

ST JOHN of God Health Care is making its move on the Peel region, signalling its desire to take over the troubled Peel Health Campus if the state government puts the hospital to tender.

Engineering contractor Clough has extended its $200 million finance facility with a consortium of banks for a further three years.

Sirius Resources has raised $44 million to advance drilling programmes and project studies at its Nova copper-nickel discovery near Norseman.

Uranium producer Peninsula Energy has secured $36 million in funding for the construction of the Lance uranium project in Wyoming.

Property company GPT Group has made a bid for Australand's commercial and industrial and investment property portfolio.

BC Iron has announced it will acquire an additional 25 per cent interest in the Nullagine iron ore project from joint venture partner Fortescue Metals Group for at least $190 million.

Perth-based mining company Talison Lithium has accepted a sweetened takeover proposal from China’s Chengdu Tianqi Industry Group, which trumped a competing proposal from an international chemicals

Mining billionaire Gina Rinehart is keeping the Ten Network guessing on whether she'll take part in the troubled broadcaster's $230 million capital raising.

Virgin Australia has won approval from Singapore's corporate regulator to take over regional airline Skywest as it makes a push into budget air travel.

Gina Rinehart's Hancock Prospecting has begun raising debt to help fund its Roy Hill iron ore project in the Pilbara.

Shares in Sundance Resources fell sharply after the Africa-focused iron ore hopeful came out of a trading halt, amid investor concerns about its on-again, off-gain takeover by China's Hanlong Resou

Nickel miner Western Areas has launched a $65 million capital raising to provide greater fiscal flexibility as it continues to explore its opportunities in the state’s Forrestania region, south-eas

US food processing giant Archer Daniels Midland Company has increased its offer for grains marketer and maltster GrainCorp to $2.78 billion.

Goodrich Resources has entered a $14.4 million deal to purchase the Ellendale diamond mine in the Kimberley from UK-based Gem Diamonds.

Shares in Sundance Resources are expected come under downwards pressure when they resume trading, as the prospect of a takeover deal with Hanlong Mining appears even more remote.

Cash Converters has announced a $32.7 million share placement to acquire franchise stores, open new corporate locations and finance its Australian and UK personal loans business.