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AHG acquires Victorian dealer network

Automotive Holdings Group ramped up its push into Victoria, acquiring all but one of Jeff Wignall Group’s 10 car dealerships for $14 million.

Rising costs could drive M&A activity

Miners are looking to shore up their positions following a volatile 2011.

Navigator Resources secures $4.5m funding

Navigator Resources has secured $4.5 million in extra funding by negotiating a royalties deal with Canadian group Franco-Nevada, as it continues efforts to ramp-up gold production.

Forge to acquire CTEC for up to $38m

Engineering and construction firm Forge Group has diversified into the energy sector through the acquisition of Balcatta-based CTEC Pty Ltd for up to $38.6 million.

Santos approves $490m Fletcher Finucane oil project

Santos today announced the final approval of the $490 million Fletcher Finucane oil project in the Carnarvon Basin, offshore Western Australia, and an increase in its equity interest after buying out

WA's IronClad gets $6m investment boost

Hong Kong based New Page Investments has taken a $6 million share placement in WA-based IronClad Mining, the developer of the Wilcherry Hill iron ore mine in South Australia.

Extension Hill to purchase Mt Gibson gold project

Iron ore developer Extension Hill is planning to exercise its pre-emptive right to purchase Legend Mining’s Mt Gibson gold project, gazumping a previously announced deal with private explorer Top Iron

African Iron surges on $388m takeover

South African mining company Exxaro is set to buy African Iron, an Australian-listed company with iron ore operations in the Republic of Congo, for about $388 million.

iiNet buys Internode for $105m

iiNet has entered into an agreement to acquire Internode, Australia’s largest privately owned broadband services company, for $105 million.

Capital’s recycled road

BAYSWATER company Capital Recycling has hailed the awarding of a Main Roads contract as a huge breakthrough for the recycling industry.

C @ reaches lowered capital raising target

C @ today reached its minimum capital raising target of $14 million, after slashing its price by half and lowering its goal by $6 million last week.

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

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