Latest Divestments News

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Desane Group Holdings has sold its commercial property at 13 Sirius Road, Lane Cove for $8.7 million, marking a strategic shift to fund future growth opportunities.
Eva Park
Eva Park
4 Sept 2025
Pearl Gull Iron Limited has agreed to sell its Cockatoo Island Project for A$4.5 million in cash, a 4% equity stake in Crestlink Pty Ltd, and ongoing royalties, marking a strategic shift as it seeks new growth opportunities.
Maxwell Dee
Maxwell Dee
4 Sept 2025
Lion Energy has agreed to sell its minority interest in the Seram Non-Bula PSC for US$1.2 million, refocusing its efforts on the higher-potential East Seram PSC exploration program.
Maxwell Dee
Maxwell Dee
4 Sept 2025
Mammoth Minerals has agreed to sell a 90% stake in its Paterson copper-gold project to Cloudbreak Discovery for AUD 3.1 million in shares, refocusing its efforts on high-grade US assets while retaining a strategic interest in Paterson.
Maxwell Dee
Maxwell Dee
4 Sept 2025
Iress Limited has appointed Andrew Russell as its new Group CEO, marking a strategic leadership shift following a major company transformation. Russell’s extensive fintech experience positions him to lead Iress into a product and client-focused future.
Sophie Babbage
Sophie Babbage
4 Sept 2025
Novatti Group has offloaded its Emersion business to CGP Equity for $500,000, marking a strategic pivot to concentrate on its core payments infrastructure in Australia and New Zealand.
Claire Turing
Claire Turing
3 Sept 2025
Identitii Limited has sold its remaining Payble shares for $1.6 million, channeling the funds into expanding its BNDRY platform through a strategic partnership with Cherryhub targeting Australia's clubs and pubs sector.
Sophie Babbage
Sophie Babbage
3 Sept 2025
Rimfire Pacific Mining has identified three promising base metal drill targets near Broken Hill, expanding its exploration focus beyond cobalt. The company is exploring commercial options to unlock value from these discoveries amid a regional mining resurgence.
Maxwell Dee
Maxwell Dee
2 Sept 2025
Frontier Energy has been assigned 88.06 MW of Certified Reserve Capacity for its Waroona Renewable Energy Project, positioning it to benefit from a sharply higher Reserve Capacity Price in Western Australia’s tightening electricity market.
Maxwell Dee
Maxwell Dee
2 Sept 2025
Collins Foods delivered record $1.5 billion revenue in FY25, pivoting to focus on KFC growth in Australia and Germany while exiting Taco Bell. Despite impairments and wage remediation costs, the company targets strong profit growth in FY26.
Victor Sage
Victor Sage
2 Sept 2025
Beacon Minerals has sold a significant portion of its Astral Resources shares, raising $5.9 million to support development at its Jaurdi Mill and Iguana projects.
Maxwell Dee
Maxwell Dee
1 Sept 2025
PT Aneka Tambang Tbk (ANTAM) posted a 7% increase in sales to Rp23.19 trillion in the first half of 2024, driven by strong domestic gold sales, and reported a net profit of Rp1.51 trillion. The company also completed significant divestments, retaining control of SDA while divesting majority ownership in FHT.
Maxwell Dee
Maxwell Dee
1 Sept 2025