Clough sells off Forge shares for $187m

Engineering and construction contractor Clough says it is on the lookout for fresh acquisitions after selling its stake in Forge Group, less than three years after it purchased it.

Cedar Woods director sells $4.7m in shares

Cedar Woods director Robert Brown has sold off just over $4.7 million shares in the company.

RCR offers $62m for Norfolk Group

RCR Tomlinson has made a $62 million offer to purchase engineering contractor Norfolk Group.

Verus to raise funds with new management

Investor Craig Burton and Navitas executive Scott Jones have backed a restructurting at Verus Investments, which has announced a capital raising and a new managing director to support its oil & ga

Sundance-Hanlong deal facing increased uncertainty

Sundance Resources has raised the possibility of terminating its long-running $1.3 billion takeover agreement with China’s Hanlong Mining, while also confirming it is in discussions with other parties

ITC forestry team returns

AN investment group backed by private equity player KKR, and forestry veterans Tony Jack and Bob Bunning, is set to become the second largest owner of Indian sandalwood plantations in the Ord River re

Kairiki Energy to raise $12.1m

Perth-based oil and gas minnow Kairiki Energy has announced a $12.1 million capital raising to pay back company debts and provide additional working capital.

Printer GEON sold to management

One of Perth’s largest commercial printing businesses has been sold to its local management team following the collapse of national operator GEON Australia.

Sage's Cauldron bids for Energia

The Tony Sage-chaired Cauldron Energy has made an off-market, all-scrip takeover bid for uranium explorer Energy Minerals, valuing the target at just under $6 million.

Rey Resources, Mitsubishi buy into Buru permits

Buru Energy has sold off interests in two petroleum exploration permits in the Canning Basin to Rey Resources and Japan’s Mitsubishi Corporation for cash considerations of around $21 million.

ASG suitor cuts price of bid

ASG Group’s mystery suitor has slashed the price of its non-binding takeover offer for the Perth-based telecommunications and computing firm.

Eftel receives $44.1m takeover offer

Melbourne’s M2 Telecommunications Group has announced $248 million worth of acquisitions, including a $44.1 million bid for Perth-based internet service provider Eftel.

Tap secures financing for Thai oil project

Tap Oil has secured more than $68 million in debt finance to fund the development of its Manora oil project in Thailand.

Alcyone plunges after boardroom changes

Silver producer Alcyone Resources' shares have tanked after it announced a management shake-up following the resignation of the company’s managing director Andrew King and two other board members.

Aurora increases notes offering to $US300m

Aurora Oil & Gas has expanded its convertible notes offering, initially announced to market yesterday, to $US300 million.

Skywest shareholders approve Virgin takeover

Skywest Airlines shareholders have approved the company’s proposed $98 million tie-up with Virgin Australia.

Apex cashed up after Wiluna mine sale

The Ed Eshuys-chaired Apex Minerals has solved its need for short-term capital to support its Wiluna gold mine, selling off the asset to a China-based investment house for $50 million.

Middlemas moves on Aviva Corp

One of the state’s busiest directors, Ian Middlemas, is seeking to take a big stake in Aviva Corporation and become its chair in a proposal that appears to have been rejected by the listed company’s b

Kiernan’s backdoor listing plan unveiled

  South Perth company Gulf Mines has announced plans to acquire an interest in an Indonesian manganese project developed by Western Australian mining veteran Michael Kiernan.

Range Resources offloads Texas projects

Range Resources has announced the sale of its producing Texas oil and gas assets for $US30 million, to fund the ramp up of production at its Trinidad operations.

Western Areas enlarges and extends ANZ loan

Nickel miner Western Areas has secured $125 million in debt finance after revising its loan facility with ANZ.