Austral Resources Australia bids $80.8M for Hammer Metals
Austral Resources Australia (ASX:AR1) has submitted a non-binding proposal to acquire 100% of Hammer Metals (ASX:HMX).
Austral Resources Australia (ASX:AR1) has submitted a non-binding proposal to acquire 100% of Hammer Metals (ASX:HMX).
KMD Brands (ASX:KMD) appointed Ian Morrice as a non-executive director effective Aug. 20, adding 30 years' experience.
Summerset Group (ASX:SNZ) reported 448 sales of occupation rights for the second quarter of 2026 amid shifting economic conditions.
Matrix Composites & Engineering (ASX:MCE) is nearing its ASX exit after shareholders approved a $90 million takeover by Advanced Innergy.
New Zealand's AFT Pharmaceuticals (ASX:AFP) achieved sales growth in the first quarter of 2027.
The US Department of Agriculture is set to approve South32’s (ASX:S32) US$3.3 billion Hermosa zinc and manganese mine in Arizona
The a2 Milk Company (ASX:A2M) reported that preliminary fiscal year 2026 China label sales declined 14%.
Australian Treasury investigates six foreign investors over compliance with orders to divest 1.68 billion shares in Northern Minerals (ASX:NTU).
AUSTRAC forced online bookmaker Bet365 to sign an enforceable undertaking to fix gaps in its anti-money laundering and counter-terrorism systems.
Erik Hirsch, Co-CEO at Hamilton Lane, discussed the firm's recent $3.8 billion fundraise aimed at co-investing alongside private equity in mid-market companies. Hirsch emphasized the focus on smaller and mid-sized firms that are typically too small to pursue public offerings, highlighting that significant returns in private markets often come from these less visible segments. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Robinhood CEO Vlad Tenev says Trump Accounts are a "no-brainer" for new parents and also good for anyone under the age of 18. Speaking on "Bloomberg The Close," Tenev also comments on the future of perpetual futures.
Shares of business development companies (BDCs) have experienced significant pressure in the first half of the year, with Bloomberg Intelligence data showing a median return decline of about 7%, marking the weakest performance since 2022. Randy Schummer, Vice Chair and Chief Investment Strategist at Churchill Asset Management, addressed these concerns on the program, emphasizing that not all BDCs should be viewed the same way. He speaks with Romaine Bostick & Katie Greifeld on "The Close."