Latest Regulatory News

The Takeovers Panel has issued interim orders preventing Yowie Group Ltd from processing acceptances or declaring unconditional its takeover bid for Keybridge Capital Limited, maintaining the status quo amid ongoing proceedings.

Percheron Therapeutics has licensed HMBD-002, a promising immuno-oncology monoclonal antibody targeting VISTA, from Hummingbird Bioscience, marking a strategic pivot after recent setbacks. The company plans to initiate phase II trials in 2026, aiming to advance this novel cancer therapy toward commercialisation.

Kinterra Capital has announced an all-cash $204 million takeover bid for New World Resources, offering a significant premium over a rival bid and recent trading prices. The move positions Kinterra to potentially gain full control of NWR, reshaping the company’s future.

The Takeovers Panel has declined to declare unacceptable circumstances in a dispute involving Mayfield Childcare Limited shareholders but has referred potential breaches of takeover laws to ASIC for further investigation.

Bowen Coking Coal Limited’s shares have been suspended from trading after missing a critical deadline to update the market on its funding efforts, casting uncertainty over its operational future.

Carnegie Clean Energy has secured $335,020 in funding from the Blue Economy CRC to progress the preliminary design of its MoorPower commercial pilot, aiming to revolutionize offshore aquaculture energy use.

MIXI Australia has launched a recommended all-cash takeover offer for PointsBet at $1.20 per share, significantly outpacing rival Betr Entertainment’s scrip proposal. The PointsBet board unanimously supports MIXI’s bid, highlighting its certainty and premium value.

Neuren Pharmaceuticals has been granted a US patent for NNZ-2591 to treat Pitt Hopkins syndrome, bolstered by promising Phase 2 clinical trial results and FDA orphan drug status.

Findi Limited has secured a perpetual White Label ATM licence from the Reserve Bank of India, removing renewal hurdles and deployment limits. This milestone positions Findi to accelerate its digital financial services expansion across India’s underbanked regions.

The Western Australian Minister for Environment has confirmed the adequacy of the Environmental Protection Authority’s assessment for VRX Silica’s Arrowsmith North project, allowing development to proceed with amended conditions addressing environmental concerns.

Xero has completed a significant A$1.85 billion institutional placement to fund its acquisition of Melio, aiming to enhance its accounting and payments platform in the US market. A complementary A$200 million Share Purchase Plan will offer retail investors a chance to participate.

Aurizon updates its FY2025 EBITDA guidance to approximately $1.575 billion, reflecting volume and receivables adjustments, while announcing a strategic leadership restructure to unify Bulk and Containerised Freight operations.