Amcom acquires L7 Solutions

Fibre-optic network owner Amcom has bought Perth-based IT firm L7 Solutions for $15 million.

Southern Cross Goldfields to raise $5.6m

Southern Cross Goldfields has launched a $5.6 million capital raising plan to fund gold production studies for its Marda gold mine and an accelerated exploration program at its surrounding tenements.

Dealmaking Perth brokers in the money

Euroz, Hartleys and Argonaut rank as three of the most profitable stockbroking and investment banking firms in the country.

Hartleys joins broking profit surge

Stockbroking firm Hartleys has joined most of its industry peers in recording a bumper profit increase for the year to June 2011, a result that is unlikely to be matched in the current financial year.

Scottish energy group moves into WA

Scottish company Global Energy Group (GEG) has moved into the Australian market by acquiring a majority shareholding in West Perth-based Global Resources Network – GRN Australasia Pty Ltd in a deal be

Constantine tops bankers league table

Patersons deal maker Aaron Constantine has been named Australia’s best investment banker in the high profile East Coles survey of the sector.

Indian giant buys Hancock coal for $US1.26bn

Indian infrastructure giant GVK Group will pay Gina Rinehart’s Hancock Prospecting $1.26 billion for most of the company’s coal and infrastructure projects in Queensland’s Galilee Basin.

Banpu bids $477m for Perth's Hunnu Coal

Investors in one of Perth's top stockmarket floats of 2010 are set to reap a spectacular return after Thai coal miner Banpu Public Company today announced a friendly $477 million takeover offer for Hu

Standard Chartered buys out Gryphon Partners

UK-based bank Standard Chartered has acquired 100 per cent of Adelaide-based Gryphon Partners Advisory, which has advised a host of Western Australia based resources firms fielding takeover offers ove

Higher rents drive profits for Bunnings trust

Property investor BWP Trust has announced an increase of distributable profit of 12.2 per cent for the year to June 30, driven by fast growth in rental incomes stemming from its acquisition of 11 Bunn

Golden Eagle to list on ASX

Perth-based Golden Eagle Mining has announced plans for a back-door listing on the Australian Securities Exchange.

Smaller raisings lead IPO market

IN what is viewed as a tough market for floats, a number of smaller initial public offerings have forged ahead with their plans to list on the Australian Securities Exchange.

Burst of new WA stockmarket entrants

There has been a flurry of new Western Australian stockmarket entrants to close last financial year and to begin the new, with seven resources-focused firms from WA listing on the Australian Securities Exchange in June and July.

Macquarie, Hartleys top list of corporate advisers in competitive M&A market

This year’s survey of mergers and acquisitions activity in WA reveals a new ranking among corporate advisory firms in Perth.

Archer completes fourth WA deal

PRIVATE equity group Archer Capital has emerged rapidly this year to become one of the largest investors in Western Australia, following its purchase of the company behind the Chicken Treat and Red Rooster fast food chains.

Catalpa, Conquest plan gold merger

Catalpa Resources will buy Conquest Mining to form a $1.1 billion growth-focused gold miner, in which gold giant Newcrest Mining will hold a one-third stake.

Cape on the attack in defence business buy

BRITISH industrial services giant Cape has continued its expansion via acquisition in the Western Australian market with the purchase of Bibra Lake-based defence specialist Shoreguard Marine.

Sundance Resources in $60m placement

Sundance Resources has entered into a placement agreement to raise $60m from international investors.

Base secures $150m funding for Kwale

Perth-based Base Resources says it will commence construction at its Kwale mineral sands project in Kenya in September and begin production in the third quarter of 2013, after finalising a $US150 million finance facility.

Acquisitions fail for Synergy Plus

FIVE years after buying private Perth business ComputerCORP and renaming it Synergy Plus, the directors of the listed IT services company have called in the administrators.

Galaxy delays Hong Kong IPO

Perth-based Galaxy Resources has postponed its initial public offering in Hong Kong until further notice due to unfavourable market conditions.