Deals

Wool garment manufacturing might seem like an unlikely IPO in this day and age, but a Perth-based company has its sights set on an ASX listing this month.

Perth-based private equity firm Viburnum Funds has lobbed an off-market takeover bid for ASX-listed GTN, which is recommending shareholders reject the bid.

A $10 million loan note, with unique user benefits, is being pitched to wave-riding locals as part of the long-awaited Perth Surf Park project's $100 million fundraising effort.

African gold producer Perseus Mining has upped its stake in Predictive Discovery but has reiterated its not currently eyeing a takeover of the developer.

The Public Transport Authority has purchased a 3.27-hectare site in Bayswater for $15.59 million to house its new fleet of electric buses.

Investment management company Colliers is set to expand its Western Australian footprint through acquiring Subiaco engineering consultancy Pritchard Francis.

ASX-listed Vysarn Limited has inked a $7.5 million deal to acquire Waste Water Services, a builder of wastewater treatment plants and pumping stations.

Engineering and construction contractor McConnell Dowell, including its subsidiary Built Environs, is aiming to list on the ASX as part of a restructuring by its South African parent.

Private investors have bought a Bulwer Street property for $2.51 million.

The 50 per cent acquisition will make the family office a full owner of the retail centre.

SRG Global has made a $111 million move for east coast utilities infrastructure builder Diona, majority of which it intends to fund through a $60 million raise.

The shopping centre giant has acquired a 50 per cent stake in Lakeside Joondalup for $420 million.

Westoz chair Jay Hughes has purchased the Subiaco office building for $2.4 million.

Cloud-based talent acquisition provider LiveHire has become the target of an on-market acquisition by AKKR-backed Humanforce, an SaaS firm providing workforce management solutions.

WA's Westbridge Funds Management has divested one of its industrial assets in Victoria, pocketing $30 million from the transaction.

Records show that an entity owned by Regent Motors boss Tyson Sutton bought the Osborne Park property for $19 million this year.

The transaction brings the Subiaco-based syndicator's funds under management to $960 million.

The majority of Decmil Group shareholders have backed mining services company Macmahon Holdings's offer to acquire 100 per cent of its shares.

Bhagwan Marine kicked off its first day of trading on the ASX by announcing a small upgrade to its earnings forecast and outlining plans to expand its business.

The WA syndicator has purchased a Subiaco office building from two separate owners.

US-based private equity firm Accel-KKR has become the majority owner of local technology company INX Software after buying out Tanarra Capital.

The Henderson-based company has acquired an additional workshop after outgrowing its current facility.

Gina Rinehart-backed Arafura Rare Earths has launched a $20 million placement, as it continues preparations for a $1.2 billion raising needed to fund its flagship project.

Automated water monitoring system Eco Detection, run by local venture capitalist Jefferson Harcourt, has raised $10 million from a UK investment group.

Alcoa's proposed takeover of its joint venture partner Alumina Limited has cleared another hurdle after its stockholders voted to support the $3.4 billion deal.

Two West Perth offices have sold for a combined $4.96 million to separate buyers.

Subiaco-based QUBE Property Group plans to build a new industrial facility after is purchase of 4.5 hectares in Forrestdale for $6.82 million.

The WA-based land surveying company has joined forces with the Queensland company.

A gym and a bowling alley have sold for a combined $8.2 million to local and eastern states investors.

The Aboriginal charitable trust has added to its property assets with the $8 million purchase of the shopping centre.

Osborne Park-based XRF Scientific plans to move to full ownership of its subsidiary Orbis Mining, in an acquisition valued at nearly $4 million.

Realside Property's $107 million purchase of Maddington Central has paved the way for Sirona Urban to transform the site.