Flinders Mines, owner of the Pilbara iron ore project in Western Australia, has received initial court approval for its $554 million takeover offer from Russia's Magnitogorsk Iron and Steel Works.
Minemakers has launched an off-market, all-scrip takeover bid for its joint venture partner UCL Resources, which values the target at around $23 million.
Tap Oil has washed its hands of any exposure to legal action surrounding the Harriet gas joint venture, selling its 12.2 per cent stake to a subsidiary of Apache Corporation for $10 million.
Paynes Find Gold has announced a $4 million capital raising plan to fund an exploration ramp-up at its tenements 420 kilometres northeast of Perth, following months of boardroom upheaval.
Perth law firms Lavan Legal and Maxim Litigation Consultants have announced plans to merge in April, creating by far the largest litigation practice in the state.
Harvey Fresh has acquired New South Wales-based juice processor Nugan Quality Foods for an undisclosed sum in an effort to grow its capacity to supply juice and concentrates to South East Asia.
Perth-based advertising group The Brand Agency has acquired the Western Australian office of specialist digital agency Market United, which was part of the ASX-listed company Q Ltd.
Central Petroleum has completed a $9.9 million capital raising to continue exploration efforts at its Amadeus Basin oil and gas prospects in the Northern Territory.
Warren Buffet-backed Canadian company Sterling Crane has acquired Western Australian business Freo Group and its Queensland subsidiary Global Crane in a deal likely to be worth about $160 million.
Macquarie Group has appointed Perth deal-maker and company director Mark Barnaba as chairman of its Western Australian operations, bolstering its status as one of the top investment banks in WA.
Five small and mid-cap miners including Papillon Resources, Coalspur and Condoto Platinum have raised a total of $39 million in new capital to support operations that stretch from West Africa to Canad
Corporate finance deals launched or completed in Western Australia during 2011 were worth a whopping $59.8 billion, a survey by WA Business News has found.
Norwegian group Yara International has secured control of Burrup Fertilisers after striking a deal with Apache Energy that will see them become joint owners of the business, while also disclosing that
MAYBE it’s human nature when times are uncertain, but when corporate finance players in Perth were asked to comment on market trends over the past year, most had a glass half-empty perspective.
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News’ 2011 survey has found.
