Latest Divestments News

Verbrec Limited has completed the sale of its Competency Training business for $11.2 million, positioning itself for strategic growth in energy transition and automation sectors.

EML Payments has appointed Stuart Will as its new Chief Financial Officer, marking a key leadership transition as the company advances its growth strategy. The change follows significant financial restructuring under outgoing CFO James Georgeson.

Hastings Technology Metals has secured shareholder approval to distribute Metal Bank shares as it divests its gold assets, marking a strategic pivot towards rare earths.

Alligator Energy has sold its Northern Territory uranium assets to DevEx Resources for $7.5 million, streamlining its portfolio to concentrate on South Australian projects like Samphire. This move injects liquidity and reduces ongoing costs, positioning the company for accelerated development.

Olympio Metals has agreed to sell its Dufay Project in Quebec to Fokus Mining for CAD$500,000, streamlining its portfolio to concentrate on the promising Bousquet Gold Project near major gold mines.

Cyclone Metals has appointed Paul Berend as Managing Director and welcomed Caue Araujo as Non-Executive Director, signaling a sharpened focus on its flagship Iron Bear project alongside partner Vale S.A.

Southern Cross Media Group has secured crucial ACMA approval for its proposed merger with Seven West Media, advancing a major consolidation in Australia’s media landscape. The deal now moves closer to final shareholder approval.

Swoop Holdings Limited showcased robust subscriber growth and strategic divestments at its November 2025 AGM, targeting significant margin improvements and operational efficiencies.

PeopleIN Group reported a challenging FY25 with revenue down 6.5% and EBITDA down 10%, yet strengthened its balance sheet through debt reduction and a strategic sale. The company is poised to capitalise on Queensland's infrastructure boom and Defence sector opportunities.

PeopleIN Limited is set to divest its majority stake in Techforce Personnel, securing over a 100% return and strengthening its balance sheet to fuel future acquisitions.

Neometals has released initial gold assay results from its Barrambie Ranges drilling program, revealing promising high-grade intercepts that reinforce the project's exploration potential while advancing the Ironclad deposit towards production.

Sports Entertainment Group Limited (SEG) reports a robust start to FY26 with a 63% jump in underlying EBITDA and advances its strategic exit from Perth Wildcats.