Barrenjoey Capital Partners

Kerry Stokes' Seven Group has announced an off-market takeover bid to up its stake in Boral, valuing the Sydney-based industrial company at nearly $8 billion.

Seven Group Holdings’ hostile takeover of Boral is moving closer to success, after increasing its offer price and lifting its holding to 35 per cent.

Law firms Steinepreis Paganin and Thomson Geer and stockbroker Canaccord Genuity were the top deal makers in the June half.

Royal commissioner Neville Owen has sought to quash any concerns about conflicts of interest by acknowledging he is a director of a key company in Kerry Stokes' business empire.

Investment bank Goldman Sachs has appointed Gavi Friedland as head of metals and mining in Australia and New Zealand, taking over from Perth-based Peter Watson.

Budding lithium player Liontown Resources has unveiled a big share placement to fund its planned mine, with the deal also marking the first WA transaction for investment bank Barrenjoey.

“It has been a busy year and it continues to be,” is how Simon Reed describes current market conditions in Western Australia.

Barrenjoey Capital Partners has greatly bolstered both its local team and its national mining credentials by recruiting the head of Goldman Sachs’ Perth office.

Carnarvon Energy is chasing institutional backing to support its Dorado oil discovery last week, earning newcomer Barrenjoey Markets its second WA deal.

An Australian company commercialising revolutionary gold testing technology has lodged a prospectus for what is shaping up to be the largest initial public offering of the year.

The need for greater self-sufficiency is coming into stark focus as established trade practices are upended by tariffs and war in Europe.

Shares in gold technology company Chrysos Corporation have crashed on their first day of trade, down 36 per cent from their issue price.

One of Australia’s top corporate dealmakers, Jarden’s Aidan Allen, has splashed $4.2 million on a house in Perth but we’re told he is not moving west. It’s for holidays.

Corporate advisers expect a more difficult market after a very buoyant period, but also see a silver lining.

Andrew Forrest’s Wyloo Metals will make its first move into rare earths by backing ASX-listed aspiring producer Hastings Technology Metals for $150 million via a convertible notes arrangement.

Hastings Technology Metals is hoping to raise up to $110 million to develop its proposed Yangibana rare earths project in Western Australia’s Gascoyne region.

Corporate advisory business Sternship Advisers and law firms Corrs Chambers Westgarth and Hamilton Locke lifted their market shares in 2022.

Engineering services firm SRG Global is set to buy ALS subsidiary Asset Care for $80 million by raising $51 million in new equity, as it reports an upswing in half-yearly revenue and profit.

Hastings Technology Metals has secured a letter of support for up to $100 million in government funding to develop its proposed Yangibana rare earths project.

Mincor Resources has told investors to accept a $760 million cash offer on the table from Andrew Forrest’s Wyloo Metals in the absence of a superior proposal.

Assets predicted to play a role in the energy transition have emerged as a prominent driver on the local merger and acquisition front.

Simone Grogan and Jack McGinn discuss the state of play for the corporate finance sector in Western Australia.

SQM and Mark Creasy’s private investment group have backed Azure Minerals’ capital raising, which comes less than a week after the explorer revealed it had been approached for a takeover.

The latest company reporting season was characterised by budget blowouts but also opportunities for growth in a changing economy.

Chilean lithium giant SQM has struck a $1.63 billion deal to acquire Mark Creasy-backed Pilbara battery metals explorer Azure Minerals, but a share raid this morning has clouded the transaction.

The annual Business News corporate finance survey has highlighted the top advisers in the WA market and the emergence of a new style of strategic investor.

Metals Acquisition Limited has made a strong debut on the Australian stock market after raising $325 million, claiming the title of the largest mining listing in more than five years.

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

A day after announcing its board had approved expansion for its flagship Karlawinda gold project, West Perth-based Capricorn Metals has launched a $200 million capital raise.

Business News’ corporate finance survey shines a light on the top financial and legal advisers in WA amid a surge in gold sector activity.