Posted on 4 Mar 2021 by Steve Johnson. Today we hear from Luke Laretive from Seneca Financial Solutions.. M&A activity has been hot in 2021 - with US$1.3 trillion in deals completed worldwide in the March quarter and another US$1 . This dynamic has seen WAM ASX takeover some LICs lately for example CIE ASX & CLF ASX. Takeover boon builds. Regardless of takeover potential, it is time to add more bank exposure to portfolios after the horrendous sell-off, as value emerges in the sector, as I wrote in this report last week. The acquisition from Duketon Mining (DKM) has now been finalised, following the payment of the . The ASX: "The securities of WPP AUNZ Ltd ('WPP') will be suspended from quotation at the close of trading today, Monday, 26 April 2021." WPP AUNZ's activitiies will now be less visible. Wall St mixed, Oil drops on covid jitters, Citi Chic's price target gets a boost: ASX to fall Market Reports. With the scheme booklet now dispatched, ALE Property's takeover by the Charter Hall-led consortium is edging closer. The offer is a 32 per cent premium to Swick's closing . Aussie Fund's prime takeover targets - Steve Johnson ... The $39 billion takeover offer for Afterpay (ASX: APT) highlights the stupendous potential of our home-grown digital-oriented fintech minnows, bearing in mind the towering buy-now-pay-later (BNPL) oak tree was a mere acorn five years ago.. Drill permits in place for Solis' maiden drill program at its […] a bank). Source: ASX 3. Top broker says Appen (ASX:APX) might be a takeover target ... Morgans picks next ASX takeover targets. The Offer . Last week RHP received a takeover bid at a 35% premium to when TAMIM bought in. The takeover target's share price rocketed nearly 35 per cent to $7.01 . ASX code changes Market data is provided and copyrighted by Thomson Reuters and Morningstar. Castillo Copper (CCZ) finds potential metal and graphite mineralisation at the Arya Prospect located in Mt Isa, Queensland. For three months in a row, deals have topped $500 billion. Consolidation and the effect of COVID-19 have made many industries ripe for takeovers. Sydney, Dec 9, 2021 AEST (ABN Newswire) - Theta Gold Mines Limited () (OTCMKTS:TGMGF) announces its intention to make an off-market takeover offer ("Offer") for all the issued shares in Focus Minerals Limited ("Focus").TGM WILL OFFER 2 TGM SHARES FOR EVERY 1 FOCUS SHARE The Offer provides Focus shareholders with an opportunity to receive an attractive premium for their shares. Mergers & Acquisitions News | The Motley Fool Australia Whilst logic might suggest lots of takeovers when share prices are low, that hasn't historically been the case. ALE's takeover edges closer - Intelligent Investor 3.3 How relevant is the target board? Most potential acquirers are dealing with. Consolidation and the effect of COVID-19 have made many industries ripe for takeovers. Jabin Hallihan, Morgans. While some took place during 2020, there are more to come in 2021. The standout was drill hole AR_002RC, reaching a depth of 238 metres. MoneyTalks is Stockhead's regular recap of the ASX stocks, sectors and trends that fund managers and analysts are looking at right now and in this edition we're looking at potential takeover targets. The Australian sharemarket surged on Tuesday, with a takeover target, an outage-hit tech firm and a fast food favourite among the winners. US-based investment management company Blackstone has launched its third attempt to take over gambling and hotels giant Crown Resorts (ASX: CWN) today, valuing the target at $8.5 billion. ASX finishes Monday higher as Sydney Airport soars on sweetened $23.6 billion takeover offer. Ramelius has undertaken the acquisitions of Explaurum and Spectrum Metals in recent years (each via takeover offer), providing a mix of cash and shares to target shareholders in each case. Does that mean many ASX LICs are great buys in 2021? The takeover target's share price rocketed nearly 35 per cent to $7.01 . Takeover action was rife on the ASX today. 2-min read. 2 ASX shares that could join the acquisition frenzy. Western Mines Group (WMG) has completed the acquisition of its neighbouring ground to expand the Mulga Tank nickel-copper-platinum group element project. 2. The ASX closed up 0.35% on Monday. Takeover offers for ASX-listed companies can be good news for shareholders in target companies, and asset managers expect more takeover bids for local companies this year. Prospectus lodged with ASIC in Australia in relation to the proposed ASX listing and associated capital raising of between A$5 - A$6 million (before costs). market takeover bid (Offer) for all of the ordinary shares in Minotaur. It comes as CSL confirms it is in talks with Vifor Pharma, Ramsay buys Elysium Health for $1.4bn and Santos names new CFO. QBE Insurance Group (QBE) Trade These Shares. Period: Monday October 25 to Friday October 29, 2021. AGMs, ASX and Takeover Frenzy. Three weeks ago Ron Shamgar was on the business channel Ausbiz discussing a number of companies we own with takeover appeal. The Ansell Limited (ASX: ANN) share price ended Wednesday's session higher after it was the subject of more takeover rumours. Metalicity on 24 September 2021 in relation to its off -market takeover bid for all of the fully paid ordinary shares . Reverse circulation drilling will be undertaken to test a large and discrete magnetic anomaly as well as an anomalous soil geochemistry. Listed@ASX Magazine Summer 2021/2022 News and insights for listed companies, investor relations professionals, and executives. The Takeover Offer will open on 29 September 2021 and is scheduled to close on 2 November 2021, unless extended in accordance with the Corporations Act 2001 (Cth). Given its strong market positions (particularly in the UK), ongoing high growth and the extreme valuation deficit to the peer group, LBY may quickly become an attractive target for a larger and opportunistic BNPL player, or a well-capitalised new entrant (e.g. Is Altium (ASX:ALU) still a takeover target at the current share price? 1 THIS AGREEMENT is made the 14th day of September 2021 BETWEEN COMPLII FINTECH SOLUTIONS LTD ACN 098 238 585 of Suite 1.03, 56 Pitt Street, Sydney NSW 2000 (ASX.CF1) (Complii); AND PRIMARYMARKETS LIMITED ACN 136 368 244 of Level 16, 56 Pitt Street, Sydney NSW 2000 (PrimaryMarkets).RECITALS A. Complii is proposing to acquire all of the PrimaryMarkets Shares by way of the Takeover Bid. Top 3 ASX Energy Stocks Considered As Biggest Movers In Nov 2021. As announced on 10 November 2021 each of the directors of Minotaur recommends accepting the Offer. > The most common takeover structures in Australia are: an off-market takeover bid (for either a friendly or hostile deal) and a scheme of arrangement (for a friendly deal only). Top 3 Best Performing Energy Stocks to Consider in 2021. The ASX200 was trading 0.6% higher at noon, up 44.3 points to 7472.3 with tech and . Much more. Black Cat Syndicate (BC8) has completed regional exploration drilling at Fingals Fortune and Jones Find within the Kal East Gold Project. Summary. Offer Close Date: 7:00pm (Sydney time) on Friday, 10 December 2021 (unless extended or withdrawn) . Liontown shares dropped to a low of $1.577 when trading recommenced yesterday after completing the $450 million raising at $1.65 a share. Here's what to watch. The latest is a successful $181m bid for Apollo Consolidated (ASX:AOP) and its undeveloped 1.1Moz Rebecca gold project. Global Investors, explains why he believes we are not in a full-fledged gold market yet and discusses where he believes investors can find . Naturally, investor attention has turned to the slew of listed BNPL wannabes who are emulating the Afterpay model with various degrees of success. The stars are aligning for a pick-up in merger and acquisition (M&A) activity on the S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index in the current half. BUY RECOMMENDATIONS. Total Upgrades: 17. ASX News, Mining. Link is arguably . DDH1 Drilling has launched a friendly takeover of counterpart Swick Mining Services, sending the target's shares up by more than 20 per cent.. DDH1 has proposed to acquire all of Swick's issued capital for 35 cents a share, valuing the company at $115 million (based DDH1's five-day volume weighted average share price of about $1.18).. CRW001 - $1.135 per Cashrewards Share Offer Terms: Offer Open Date: 08 November 2021. The recommendations of the target board in response to a takeover offer will often carry considerable weight with shareholders. The offer must be included in a bidder's statement prepared in accordance with the requirements of the takeover laws. ASX:GTE MCAP $28.60M. Schemes of arrangement require the co-operation of the target company to succeed. Revenue for the year to June 2021 climbed 50% to $16.5 million (or $18.5m including Job Keeper and research and development grants). Here's what to watch - Morningstar Join us as we preview the potential transfer targets for Newcastle in 2022. This is in line with our expectations of rise as the country meets its target of 1.03bn tonnes in 2021," ANZ's senior commodity strategist Daniel Hynes said. (ASX:IAG) share price be a takeover target? This month's bid for telco Vocus Group (ASX: VOC) highlights the premium target companies can enjoy. 0. At $12.50 per share, the offer is slightly higher than . Appen might be a takeover target According to reporting by the Australian Financial Review, Citi thinks that the technology business could be a potential acquisition idea at the current share price of around $13. HIGHLIGHTS Solis appoints highly experienced industry executive Mr. Kevin Wilson to board of directors in preparation for ASX listing. Target ASX Code: CRW. QBE underwrites and provides insurance products to customers across . A takeover bid involves a potential acquirer making an offer to all shareholders of a target company or unitholders of a trust to acquire their shares or units on the same terms. (Source: Getty) Good morning. 10 Stocks to Buy That Could Be Takeover Targets - Yahoo 10 Stocks to Buy That Could Be Takeover Targets . Global M&A has hit a record $2.4 trillion, up 158% over 2020, according to a Refinitiv Deals Intelligence report—the highest since the company began collecting data in 1980. These deals, agreed to by the target board, usually have a lower bid-ask spread. Takeover Code/Consideration. The issue was made at a 14% discount to the last close on Tuesday before the offer was announced on Wednesday morning of $1.92. Given that the company managed to nearly double revenue from $100m in 2017 to over $189million in 2020, this may be achievable. Aldoro Resources Ltd (ASX:ARN) has received wet chemistry results for 88 rock chip samples gathered during an exploration program at Fairway Corridor target of the Wyemandoo Project that exceed . By David Simmons. The target, however, will be subject to continuous disclosure obligations under the ASX Listing Rule 3.1, discussed in question 4.1. Link is arguably best known for its share registry and super fund administration services but also has a stake of over 40% in conveyancing platform Pexa (ASX:PXA).. Today it got an offer from Carlyle (NDQ:CG), a global investment fund with nearly US$300 billion in assets. ASX ANNOUNCEMENT 27 AUGUST 2021 TAKEOVER UPDATE - ON-MARKET TAKEOVER BID FOR CIRRUS NETWORKS HOLDINGS LIMITED (CNW) Webcentral announced its takeover bid for CNW on 30 July 2021. If you do nothing, you'll receive 0.408 securities in Charter Hall's Long WALE Real Estate Trust (ASX:CLW) and $3.673 in cash for each of your ALE securities, but holders can also elect to take up their offer in all-cash or all-shares. Stephen Mayne, the scourge of company chairmen at AGMs, joins Alan Kohler on this week's Money Café to talk about how good Macquarie is at not being a bank, who's not telling us about JobKeeper and which rich kids are buying their parents homes in Toorak. Release of Target's Statement and notification of investor conference call on 10 June 2021 . The rules concerning the content of bidder's statements and target's statements for an on-market takeover bid are basically the same as for an off-market takeover bid. Net Ratings Breakdown: Buy 55.28%; Hold 38.21%; Sell 6.51%. WAM Capital (ASX:WAM) announcement released to the ASX: PAF: Target's Statement - Reject WAM Takeover Bid at 2021-11-08 18:58:20 (AEDT) - announcement is 39 page(s) in length Aussie Fund's Prime Takeover Targets. The Macquarie share price has gained 45% in 2021, well outpacing the 11% year-to-date gains posted by the ASX 200. . Posted Mon 13 Dec 2021 at 10:37pm Monday 13 Dec 2021 at 10:37pm Mon 13 Dec . ASX slightly lower as epic Woolworths-Wesfarmers bidding war erupts. One of them was rhipe (RHP.ASX). Ashleigh Melanko Markets Reporter ashleigh.melanko@themarketherald.com.au 02 December 2021 18:41 (AEDT) Drill pad clearing at Thunder. Suffice to say, Novatti's progress hasn't exactly been linear since the company listed on the ASX at 20c per share. Click . Link Administration Holdings (ASX:LNK) has become the latest company caught up in the takeover boom of 2021. The fact that the company's gold resources are all located in the #1 mining jurisdiction globally makes the stock a potential takeover target, given that an intermediate producer or smaller senior . 19 November 2021. The merger and acquisition frenzy among ASX companies has only just started, according to a trio of fund managers . Link Administration Holdings (ASX:LNK) has become the latest company caught up in the takeover boom of 2021. Credit Clear (ASX:CCR) share price tumbles 9% on acquisition news - December 16, 2021 11:13am Here's why the Vicinity Centres (ASX:VCX) share price is gaining today - December 16, 2021 10:54am . First Supplementary Target's Statement including ASX releases "Boral agrees to sell it North American Building Products business" and "Updates to the CEO and CFSO remuneration arrangements". In 2021, Seven Group's $9-billion off-market takeover offer for Boral was the only transaction exceeding $1 billion not structured as a scheme of arrangement, noted Gilbert + Tobin. There's more. Woolies $870m rival bid for Priceline owner, Afterpay delays takeover deal: ASX down 0.7% at noon Market Reports. Read more. Woodside to invest $7bn in new energy, and telcos fork out $2bn . For the week ending Friday October 29, there were seventeen upgrades and five downgrades to ASX-listed companies covered by brokers in the FNArena database. Australian Shares add 0.23%. Source: Great Western Exploration. Credit Clear (ASX:CCR) share price tumbles 9% on acquisition news - December 16, 2021 11:13am Here's why the Vicinity Centres (ASX:VCX) share price is gaining today - December 16, 2021 10:54am . Here . ASX extends gains, Zip, Mesoblast spike. Tesla CEO Elon Musk has been named Time's 2021 Person of the Year. On the market this afternoon, R3D is down 3.33 per cent and trading at 14.5 cents per share. Liontown said in a statement the issue saw . Ralph Aldis, portfolio manager at U.S. This comes after the ASX held onto its gains yesterday despite a fall late in the session. 18 Share Tips - 13 December 2021. Corporate Connect analyst Joh Snyman has released an updated research report on NZ-based BNPL company Laybuy (ASX: LBY). August 6, 2021 | Tony Yoo. Mergers and acquisitions have roared back this year, with potential takeover targets everywhere. R3D Resources (R3D) has found seven priority copper and gold targets at its Bulimba and Beefwood tenements, located in its Bulimba Project in Queensland. Acquisition from Duketon Mining ( DKM ) has completed the acquisition frenzy among ASX companies has only just,., Friday, 5 November 2021 3.33 per cent and Chalice Mining 2.86 per cent, Nickel Mines 3.75 cent! 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