Navitas directors have recommended shareholders accept an increased $2.1 billion takeover proposal by a consortium that includes its founder and former chief executive, Rod Jones, who says the new ownership would boost the company's prospects .
Cougar Metals provides an update on the funding agreement with the Australian Special Opportunity Fund, LP, an entity managed by New York based, The Lind Partners, LLC (Together, Lind).
Flinders Mines' second largest shareholder has submitted an application to the Takeovers Panel to prevent the company from continuing with its proposed delisting, just a day after it received a similar notice from its 12th largest shareholder.
Finbar Group has announced an on-market share buy-back program under which the company could spend about $16 million repurchasing 7 per cent of its own shares.
Victoria-based gas turbine engineering services company The Environmental Group will acquire the energy division of RCR Tomlinson, less than two months after the latter entered into voluntary administration.
Australian hospital operator Healius Ltd has rejected an 'opportunistic' $2.02 billion takeover offer from its largest shareholder, Jangho Hong Kong Holdings.
ASX-listed law firm Shine Corporate has expanded its presence in Western Australia with the acquisition of local firm Carr & Co Divorce and Family Lawyers.
Gold and copper producer Doray Minerals has announced the sale of its Andy Well and Gnaweeda gold projects to Westgold Resources, in a cash and scrip deal worth $15 million.
Private equity investor Potentia Capital has acquired a majority stake in Nedlands-based Micromine, eight months after the mining software developer hired PwC to find a new owner.
Subiaco-based Birimian has announced plans to raise $8.2 million for its Goulamina project in Mali, while the lithium aspirant also flagged a business review and two separate agreements with Chinese companies.
Gold aspirant Capricorn Metals has locked in a $107 million debt package, while Subiaco-based TNG has appointed a German bank to lead a $US600 million ($850 million) debt raising.
P&N Bank is considering a merger with regional east coast credit union bcu, which is about half the size of the Perth-based lender, to form a combined group with a $6 billion asset base and 150,000 customers across the country.
Investors have shunned Vodafone Australia and TPG Telecom after the competition watchdog raised concerns that their merger into a $15 billion telco giant could mean higher mobile prices for consumers.
Israeli tech company HeraMED, which is commercialising a home pregnancy monitoring device, started trading on the ASX today, after raising $6 million via an initial public offering.
Local gold explorers Intermin Resources and MacPhersons Resources have announced plans for a $62 million merger to form Horizon Minerals, which will hold significant assets in the Kalgoorlie region.
Sheffield Resources has announced plans to raise up to $19 million, enabling the company to formally evaluate potential strategic partners for its Thunderbird mineral sands project in the Kimberley.
Westgold Resources has tapped investors for $23.4 million, while also announcing the sale of its lithium royalties at Mt Marion and Buldania for $15 million.
Three local exploration companies have tapped investors for up to $60 million, led by a $48.2 million capital raising from West African Resources for its Sanbrado gold project in Burkina Faso.
Echo Resources has signed a letter of intent to award two mining contracts to MACA for its Yandal gold project near Leinster, while also announcing a $6.5 million capital raising backed by major shareholder Northern Star Resources.
Explaurum has asked shareholders to accept an $8 million placement from Alkane Resources on the same day a report from independent expert BDO said a hostile takeover bid from Ramelius Resources undervalued the gold explorer.
Nuheara has tapped investors for $5 million to primarily fund an increase in inventory levels and marketing for its IQbuds Boost hearing bud, after winning a contract to supply the UK's National Health Service with the product.
The planned sale of BGC Australia has taken another step forward with the appointment of investment bank Macquarie Capital as corporate adviser to the family-owned business.
Piedmont Lithium has tapped investors for $12.2 million to fund an expansion and upgrade at the company's namesake project in the US state of North Carolina.
GrainCorp shares surged by more than a third after the drought-hit grain handler received an all-cash $2.38 billion takeover bid from little-known asset manager Long-Term Asset Partners.
