Latest Divestments News

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An application to the Takeovers Panel challenges Pact Group Holdings’ planned ASX delisting, citing concerns over shareholder disadvantage and selective disclosure.
Victor Sage
Victor Sage
9 May 2025
Macquarie Group reported a 5% rise in full-year net profit to A$3.715 billion for FY25, driven by growth across its diversified businesses and a solid capital position. The group’s assets under management reached A$941 billion, supported by strong home loan and deposit growth.
Claire Turing
Claire Turing
9 May 2025
Macquarie Group reported a 5% increase in full-year net profit to A$3.7 billion for FY25, driven by strong second-half growth and robust asset management performance. The company declared a final dividend of A$3.90 per share and extended its share buyback program.
Claire Turing
Claire Turing
9 May 2025
Aeris Resources has executed a $60 million refinancing deal with Washington H. Soul Pattinson, extending debt facilities and unlocking working capital, while maintaining its FY25 copper and gold production guidance. The company’s strategic focus on expanding copper output, particularly through the Constellation deposit, signals a confident growth trajectory.
Maxwell Dee
Maxwell Dee
8 May 2025
Asara Resources has amicably settled its legal dispute with joint venture partner Costa Rica Dos over the Loreto Copper Project in Chile, paving the way for clearer project ownership and collaboration.
Maxwell Dee
Maxwell Dee
8 May 2025
Belararox Limited has entered a strategic option agreement with Minerals 260 to divest its Bullabulling gold and lithium tenements, refocusing its efforts on copper projects in Argentina and Botswana.
Maxwell Dee
Maxwell Dee
8 May 2025
Sandfire Resources has agreed to sell its Old Highway Gold Project to Catalyst Metals for A$32.5 million, aiming to bolster rehabilitation efforts at its DeGrussa mine and unlock new local opportunities.
Maxwell Dee
Maxwell Dee
8 May 2025
Global Data Centre Group updates its distribution guidance following the AirTrunk divestment, factoring in operational costs and risk reserves that temper immediate payouts.
Victor Sage
Victor Sage
7 May 2025
Althea Group Holdings has agreed to sell its pharmaceutical assets to Tasmanian Botanics, enabling a strategic pivot towards the booming North American THC-infused beverage market.
Victor Sage
Victor Sage
7 May 2025
Lake Resources has initiated a Special Committee to explore strategic options for its flagship Kachi Lithium Brine Project, aiming to bridge the gap between market valuation and intrinsic asset value.
Maxwell Dee
Maxwell Dee
7 May 2025
Kelsian Group signals a cautious FY25 outlook with EBITDA tracking at the lower end of guidance, while advancing strategic tourism divestments and securing key contract renewals.
Victor Sage
Victor Sage
7 May 2025
Western Yilgarn Limited has secured a significant new gold exploration area near the Glenburgh Gold Project in Western Australia, positioning itself alongside established players like Benz Mining Corp. The company is set to begin detailed geological and geophysical assessments to unlock the region’s potential.
Maxwell Dee
Maxwell Dee
6 May 2025