Atlas Arteria backs expert, rejects IFM bid
The board of Atlas Arteria (ASX:ALX) reiterated its recommendation that shareholders reject a $7 billion hostile takeover bid from IFM Investors.
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The board of Atlas Arteria (ASX:ALX) reiterated its recommendation that shareholders reject a $7 billion hostile takeover bid from IFM Investors.
Tasmea (ASX:TEA) executed a share purchase agreement to acquire 100% of Maxim Group Australia and its wholly-owned subsidiaries.
Kelsian Group (ASX:KLS) secured a two-year contract extension with Transport for New South Wales to continue operating public bus services.
4DMedical (ASX:4DX) has launched CLEAR, a clinical evidence programme designed to fast-track its proprietary CT:VQ technology.
The ACCC has ordered Amazon, eBay, Kogan, and Fruugo to pull banned, high-powered magnetic toys from their platforms following severe safety risks.
Australian residential construction faces a slight downturn as total dwelling approvals fell 3.4% to 16,710 in April.
Fast-food giant Collins Foods (ASX:CKF) finalised its acquisition of eight KFC restaurants across Bavaria, Germany.
Australia has recorded its first trade deficit in over eight years, with the current account balance plunging to a $27.1 billion deficit in the March quarter.
Wesfarmers (ASX:WES) is folding its industrial and safety brands Blackwoods and Workwear Group into the Bunnings umbrella.
The Fair Work Commission announced a 4.75% increase to Australia’s minimum and award wages, effective this July.
Retail Food Group (ASX:RFG) revealed that its core brand network sales for the first 20 weeks of the second half of 2026 fell by 4.8%.
Nine Entertainment (ASX:NEC) has finalised the sale of its regional television assets, NBN in Northern NSW and Nine Darwin.
Inpex workers launch rolling strikes at Australian Ichthys LNG facilities after pay talks fail, threatening global exports amid an energy crisis.
QuickFee (ASX:QFE) has released its Q4 FY26 to-date business update, revealing growth within its Australian operations.
Viridis Mining and Minerals (ASX:VMM) entered into a non-binding letter of intent with global rare earth separation firm Solvay.
Aura Energy (ASX:AEE) secured a milestone for its Tiris Uranium Project, signing a n MOU with an international nuclear utility.
Treasurer Jim Chalmers has called on the Fair Work Commission to deliver a "sustainable real wage increase" for millions of workers.
Minrex Resources (ASX:MRR) commenced its fully funded 2026 drilling programme at the Barje Deposit.
SRG Global (ASX:SRG) has secured $1.85 billion in new contracts across multiple high-growth sectors.
Heartland Group (ASX:HGH) announced the signing of a conditional merger implementation agreement to acquire and merge with TSB Bank.
Elliott Investment Management takes a $1b stake in Northern Star Resources (ASX:NST), demanding a review and external CEO.
Global pharma firms warned Australia’s rigid pricing and slow drug approvals could force companies to bypass the market.
BP has agreed to sell a 5% stake in Western Australia’s Browse liquefied natural gas project to South Korea’s GS Energy.
Regener8 Resources (ASX:R8R) completed its acquisition of Orichalcum d.o.o, securing full ownership of the Srebrenica North Project.
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