Latest Foreign Investment Review News

Mayne Pharma has won a key legal battle against Cosette Pharmaceuticals, clearing the way for its acquisition scheme to proceed pending final approvals. Shareholders can expect the deal to move forward with payments scheduled soon.

Entertainment Rewards’ majority shareholder Suzerain Investments has announced a $0.022 per share cash takeover offer, valuing the company at nearly $29 million and offering shareholders a substantial premium.

Highfield Resources has locked in A$10 million through convertible notes from existing investors to tackle a key permit issue and push forward its flagship Muga Potash Project in Spain.

IsoEnergy Ltd. is set to acquire Toro Energy Ltd., combining two significant uranium portfolios to create a diversified global player with flagship projects in Australia, Canada, and the U.S. This strategic merger positions the new entity to capitalize on rising uranium demand amid a tightening market.

IsoEnergy Ltd. has agreed to acquire Toro Energy Ltd. in a deal that significantly expands its uranium portfolio, adding the Wiluna Uranium Project in Western Australia and creating a diversified, top-tier uranium development platform.

RPMGlobal Holdings Limited has agreed to be acquired by Caterpillar Inc. through a Scheme of Arrangement valuing the company at over $1.1 billion, offering shareholders a 32.6% premium. The deal awaits regulatory and shareholder approvals, marking a significant consolidation in mining software technology.

Snow Lake Resources is set to acquire Global Uranium, creating a leading U.S.-focused uranium developer with a diversified portfolio and enhanced market presence. The merger promises scale, strategic synergies, and exposure to critical nuclear fuel cycle technologies amid supportive U.S. policies.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.

TPC Consolidated and Wollar Solar Holding have agreed to extend key deadlines in their acquisition scheme as they await crucial FIRB approval, pushing the timeline into early 2026.

Gold Road Resources convened a pivotal Scheme Meeting to approve its $3.8 billion acquisition by Gold Fields’ subsidiary, offering shareholders a compelling cash deal plus a special dividend. The outcome will shape the company’s future and unlock value tied to Northern Star Resources.

Atlas Arteria has announced an ordinary dividend of AUD 0.20 per security for the six months ending June 2025, payable in early October. The dividend is fully unfranked, reflecting the company’s international income streams.