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Mergers and Acquisitions

It was not so long ago limoncello. was the flavour of summer.

Herd on the TerracePremiumSurprise change in West Aussies’ booze habits

WA’s days of necking Emu Export cans on Matilda Bay foreshore appear to be fading in the sunset. Plus: Why four big holes in the ground near Collie are about to burn a giant hole in your pocket.

Premier Roger Cook at International Graphite in Collie.

EnergyPremiumCook backs WA coal mine merger, warns of high rehab cost

Premier says a merger between two major coal mines in Collie ‘has to happen’ as he warns of an “eye-watering” sum for rehabilitation of the site.

Oliver Lane

Austal shipyard in Mobile, Alabama.

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ManufacturingPremium
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Hanwha assembles ‘A-team’ to win fight for Austal USA

Austal boss Paddy Gregg says “there’s great momentum” behind South Korean company Hanwha’s bid to buy the shipbuilder’s American operations.

Matt Mckenzie & Daniel Newell

Peet built an estate in Burns Beach

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Commercial PropertyPremium
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$1b bid for Peet gives Ingenia big property runway

Perth-based property developer Peet will be brought out in a near $1 billion deal by Ingenia Communities, which says the acquisition will allow it to capitalise on Australia’s housing supply crisis.

Daniel Newell

Woodside CEO Liz Westcott is her colours (and her company’s) to the mast.

Herd on the TerraceVideoPremiumFlagmantle colours nailed to the mast at Woodside

Santa Claus is tipped to pop down the chimney of Peet’s shareholders overnight and The Bull can calculate exactly who might be most excited to open their sack. Plus: Woodside gets in on Freo fever.

Peet built an estate in Burns Beach

Commercial PropertyPremiumIngenia profit jumps as $900m Peet bid hangs over Perth

Ingenia Communities has posted a stronger-than-expected annual result but kept investors guessing over its reported $900 million-plus pursuit of Perth property stalwart Peet, which had its own record year.

Ryan Johnson and Daniel Newell

The Brownes facility in Balcatta.

RetailPremiumWA’s iconic dairy up for sale

The 140-year-old Brownes business has been put on the market by its new Chinese parent company as a wave of deals in the sector suggest there will be strong interest.

Rebecca Le May

Accent is in the process of reacquiring The Athlete's Foot stores. But overall, it closed more retail outlets than it opened in 2025-26.

RetailPremiumFootwear retailer Accent posts loss as shoppers chase value

British retail giant Frasers Group has attacked the financial projections of its Australian hostile takeover target as too optimistic as the footwear trader booked a full-year net loss.

Rebecca Le May

Drill rigs operating at the Katanning gold project, Badgebup.

Gold miningPremiumCanada’s OceanaGold in $776m deal with Ausgold

The development of the Katanning gold project in the Great Southern will likely take place under a new company, with Canada’s OceanaGold Corporation and WA’s Ausgold announcing a $776 million tie-up.

Neil Watkinson

Austal ship building

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ManufacturingPremium
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Is Austal feelin’ the cool vibe of Trump’s favouritism?

Donald Trump may want Australian critical minerals, but there’s seemingly no place in the US for a company from a long trusted ally to help expand its navy.

Sean Smith

IAG chief executive Nick Hawkins at the offices of Insurance Australia Group in West Perth.

BusinessPremiumIAG ‘confident’ $1.35b RAC WA deal will clear regulator

Insurance Australia Group has flagged its contested $1.35 billion takeover of RAC Insurance as an extra growth kicker this financial year despite competition fears the deal could drive up WA insurance prices. 

Ryan Johnson

Austal chief executive Paddy Gregg in front of a company-made US Navy Littoral Combat Ship in Sydney.

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ManufacturingPremium
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The change of tactics likely to win over Austal

Chief executive Paddy Gregg says it’s tough even considering a sale to South Korea’s Hanwha, but money talks.

Sean Smith

A US Navy ship under construction in Mobile.

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ManufacturingPremium
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Hanwha lobs $1.7b bid for Austal’s US shipyard

If the offer is successful, Austal would continue to trade on the ASX and retain its Australian shipbuilding operations based at Henderson.

Sean Smith

Accent Group will launch British sporting goods giant Sports Direct Down Under.

Mergers and AcquisitionsPremiumBritish tycoon’s retail empire strikes back in takeover feud

The British retail giant seeking to buy Australia’s biggest footwear retailer has taken aim at corrective statements the target was forced to make about the bid, labelling them ‘frankly embarrassing’.

Rebecca Le May

Northern Minerals' Browns Range heavy rare earths project in the East Kimberley.

MiningPremiumNorthern Minerals investors hit with new orders

Federal Treasurer Jim Chalmers now has to approve the buyers of the shares held by two of the dissident Chinese-linked investors in the strategically important rare earths play.

Sean Smith

Lakeside Joondalup is also owned by Vicinity Centres.

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Commercial PropertyPremium
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Lakeside Joondalup stake sold in $1.3b deal

Lakeside Joondalup shopping centre is set for a new owner after Lendlease sold its 50 per cent share to super fund CBus in a broader $1.3 billion deal.

Matt Mckenzie

Bank of America wants to build a bigger presence in WA’s mining sector.

MiningPremiumBank of America plans Perth office to grab more mining deals

The $630 billion US banking giant confirmed on Thursday it had leased space in Perth’s central business district for an office to be headed by BofA’s co-head of natural resources investment banking.

Sean Smith

Gong cha is one of the world's fastest-growing tea brands.

RetailPremiumBain Capital snaps up popular bubble tea chain Gong cha

Global bubble tea chain Gong cha has been snapped up by US private equity firm Bain Capital in a deal reportedly worth more than $US635 million ($900m).

Cheyanne Enciso

Tropicana gold mine

MiningPremiumRegis eyes Tropicana after Vault merger flop

Jim Beyer said his Regis Resources would ‘definitely’ throw its hat in the ring to buy AngloGold Ashanti’s majority stake in the prolific Tropicana gold mine.

Adrian Rauso

Aware Super has barely finished swallowing TelstraSuper, but it is already chasing another blockbuster deal that would create a $254 billion retirement giant for 1.4 million Australians.

Mergers and AcquisitionsPremiumAware Super chases Prime to build $254b retirement giant

Aware Super has barely finished swallowing TelstraSuper, but it is already chasing another blockbuster deal that would create a $254 billion retirement giant for 1.4 million Australians.

Ryan Johnson

Liontown chief executive Tony Ottaviano at the Diggers and Dealers Mining Forum in Kalgoorlie.

MiningPremiumLiontown may buy unwanted Rio Tinto mine

Tony Ottaviano said his Liontown will look under the bonnet of Rio Tinto’s idle Mt Cattlin lithium mine when it comes up for sale.

Adrian Rauso

The Blackstone headquarters in New York, US.

BankingPremiumThousands of Aussie mortgages sold in blockbuster $36b deal

One bank will sell its $36 billion Australian loans book to Blackstone and shut its retail bank, giving private capital a major foothold in the mortgage market.

Ryan Johnson

John Hughes has sold his Yes Loans finance brokerage to a former trainee.

Mergers and AcquisitionsPremiumCar king John Hughes sells Yes Loans to former trainee

Prominent car dealer John Hughes has sold finance brokerage Yes Loans to two WA entrepreneurs who want to take the brand national.

Matt Mckenzie

Vysarn chief executive James Clement.

Mergers and AcquisitionsPremiumVysarn to buy Welltech for $60m, hits up investors for $65m

The purchase is the ASX-listed Vysarn’s second in six weeks after a $25m agreement to buy NWG Enterprises.

Sean Smith