Latest Market Competition News

betr Entertainment has unveiled a revised $360 million proposal to acquire PointsBet, backed by a $130 million fully underwritten equity raise and promising $40 million in annual cost synergies. The offer aims to outmaneuver a competing bid and accelerate integration in the Australian wagering market.

Evion Group NL has announced a pro-rata non-renounceable entitlement issue of over 219 million New Options to raise approximately $659,000. The capital will support key development and feasibility initiatives in Madagascar and India, underscoring the company's strategic growth ambitions amid inherent investment risks.

AMP Limited’s FY24 Data Pack outlines a solid underlying profit performance despite headwinds, with key insights into its banking, platform, and wealth management divisions.

Nanoveu Limited has completed the strategic acquisition of Embedded A.I. Systems Pte. Ltd. (EMASS), positioning itself at the forefront of ultra-low-power AI-driven edge semiconductor solutions. This move aims to enhance its EyeFly3D™ platform and expand into rapidly growing markets such as wearables, IoT, and autonomous devices.

Pro Medicus has inked a $53 million, seven-year contract with BayCare to deploy its Visage 7 cloud-based imaging platform across Florida’s largest healthcare system, marking a major step in its North American expansion.

Australian Pacific Coal has marked a significant milestone with the first commercial coal shipment from its Dartbrook mine, backed by a substantial financing boost and ongoing infrastructure upgrades.

BlueBet Holdings has delivered positive EBITDA for the first half of FY25 ahead of schedule, driven by strategic customer reactivation and enhanced platform efficiencies following its merger with betr.

Sarytogan Graphite Limited has successfully produced premium ductile cast iron using its Micro80C graphite, positioning itself to capture a high-margin segment amid growing domestic demand.

Pentanet Limited reports its first EBITDA positive quarter in FY25 Q2, driven by a successful 5G coverage expansion and strong growth in its NVIDIA Cloud gaming platform. The company is on track to double its 5G footprint this year, underpinning future profitability and market competitiveness.