Latest Competition News

Endeavour Group faces a leadership shake-up as Executive Chairman Ari Mervis resigns, with CFO Kate Beattie appointed interim CEO ahead of a strategic refresh and new chair search. The group also provides solid F25 sales and profit guidance despite restructuring costs.

Tourism Holdings Limited has unveiled a comprehensive growth roadmap targeting over $100 million in net profit after tax within four years, driven by rental revenue expansion and strategic cost efficiencies.

Babylon Pump & Power has completed two key acquisitions, expanding its water services platform and enhancing earnings with minimal integration risk. These moves position the company for sustained growth in the mining services sector.

Image Resources NL is broadening its project development focus beyond the newly commissioned Atlas mine, aiming to mitigate regulatory risks and ensure operational continuity through multiple potential mining projects.

Key Petroleum announces the resignation of Managing Director Louis Chien, with interim leadership maintained by executive directors Wei Jin and Yuqi Cao as the board searches for a successor.

Silk Logistics shareholders have decisively approved the acquisition by DP World Australia, marking a pivotal step toward the deal’s completion pending final court approval.

SRJ Technologies has inked a US$6 million joint venture in the Middle East and launched a fully underwritten A$2.5 million entitlement offer to accelerate its regional expansion.

Silk Logistics Holdings shareholders overwhelmingly approved the $174.5 million acquisition by DP World Australia, endorsing a 45.6% premium cash offer. The deal now awaits final court approval to complete by mid-August.

Forrestania Resources Limited has had its trading suspension lifted following the announcement of a proposed acquisition, signaling a pivotal moment for the mining explorer.

Norwood Systems has extended the repayment date on its key loan facility to August 2025, underscoring the critical role this funding has played in securing a major Optus contract and supporting its growth ambitions.

Galan Lithium has formalised a $20 million strategic investment agreement with The Clean Elements Fund to fund the initial phase of its Hombre Muerto West lithium project in Argentina, aiming for production in early 2026.

TasFoods reported a 19.9% revenue decline in Q2 2025 amid persistent poultry oversupply and discounted prices in Tasmania, while advancing strategic initiatives to stabilize operations and improve shareholder returns.