FBR, formerly known as Fastbrick Robotics, has commenced a 50/50 joint venture with Brickworks, called Fastbrick Australia, to provide a ‘Wall as a Service' offering to the Australian market.
ASX listed investment firm Keybridge Capital has cancelled its proposed $20 million takeover of Yowie, citing the Perth-based confectionery company’s worsening financial results.
Zenith Energy is seeking to raise $25 million via a share placement to fund equity requirements for ongoing construction of power generation and infrastructure projects.
Wesfarmers has made a second takeover bid for a miner, with a $776 million proposal for lithium company Kidman Resources, as it seeks to benefit from the global uptake of electric vehicles.
AP Eagers has acquired a provisional majority stake in Automotive Holdings Group, just a week after AHG told shareholders not to accept the offer until it released its target statement on May 8.
Nine Entertainment has agreed to sell its regional and community newspapers for $115 million, offloading about 170 titles acquired last year in its merger with Fairfax Media.
Pioneer Credit’s shares have surged 27.4 per cent to close at $2.51 each, after the company confirmed it has received a takeover proposal at a “material premium” to its current share price.
Gindalbie Metals has estimated that shares in its part-owned Karara iron ore project have a negative value in excess of $3.5 billion, as it seeks to convince shareholders to accept a takeover offer.
AP Eagers has increased its interest in Automotive Holdings Group by 9.15 per cent, as the takeover target appointed a former KPMG and Ernst and Young partner as its new chairman.
Hydroponics technology company Roto-Gro International has completed a $3.6 million share placement, with the funds set to fast-track expansion of its research and development facility in Canada.
The GO2 People has entered into a share purchase agreement to acquire a Gold Coast-based training provider for up to around $8.4 million, and is seeking to raise up $4 million via a share placement to help fund the purchase.
Apollo Consolidated has raised $6 million via a share placement, with the funds set to primarily go towards drilling at the company’s flagship Lake Rebecca gold project.
Automotive Holdings Group has urged shareholders to sit tight on a $2.42 billion takeover offer from rival vehicle retailer AP Eagers, warning they may be disadvantaged if they agree to sell before the “highly conditional” deal is approved.
Workplace consumable products supplier and distributor Stealth Global has acquired distribution business Industrial Supply Group for about $1 million, the third deal the company has made since listing on the ASX in October 2018.
Shares in DuluxGroup have soared more than 27 per cent to a record high after its board backed a $3.8 billion acquisition proposal by Japanese paint giant Nippon.
Shell has sold its interest in the Greater Sunrise offshore fields to Timor Gap, the national oil company of Timor-Leste, for US$300 million ($420 million).
Altech Chemicals has raised $18 million via a share placement, with the proceeds to primarily go towards the company’s high purity alumina (HPA) plant in Johor, Malaysia.
Antipa Minerals has announced it completed a $5.1 million capital raising, with the funds set to further its exploration in the Paterson province of the Pilbara.
The federal government's Foreign Investment Review Board (FIRB) has given the tick of approval to a private consortium’s proposed acquisition of global education provider Navitas.
Ausdrill has sold its waterwell drilling business to the Peter Hutchinson-chaired Vysarn for $16 million, and the ASX hopeful is seeking to raise $13 million.
Copper and gold explorer Stavely Minerals has announced it is has raised $3.2 million via a share placement, and is looking to receive a further $1 million through a share purchase plan.
Spectrum Metals has received firm commitments from investors to raise $5 million via a share place, with the funds set to go towards the company’s Penny West gold project in Western Australia's Mid West.
Seven West Media has sold its stake in Yahoo7 to communications and tech giant Verizon for $21 million and says its rebranded online news sites are already outstripping performances under the former joint venture.
Oil Search has signed an agreement with the Papua New Guinean government for the Papua LNG Project, enabling initial work to begin on the giant development.
Three junior explorers have announced capital raisings, with Beacon Minerals and Galan Lithium allocating the funds raised towards their respective flagship projects, while Pacifico Minerals is seeking to acquire a project.
Wesfarmers said its talks with the Malaysian government about Lynas Corporation had been mischaracterised, as the rare earths miner confirmed it was considering Western Australian sites for materials processing from its Mt Weld mine.
Westgold Resources has sold two lithium production royalties in the Goldfields to Silverstream, just over four months after it terminated an agreement to sell the royalties to the same company.
Crown Resorts shares have soared after the casino operator confirmed talks with Wynn Resorts over a $10 billion cash-and-scrip takeover proposal by the Las Vegas gambling giant.
Intermodal Group has announced a strategic partnership with QUBE Holdings in Western Australia, as the North Quay Rail Terminal (NQRT) goes up for tender.
