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Trustee and wealth services group EQT Holdings (ASX: EQT) could be at the centre of a bidding war after BGH Capital lobbed an unsolicited takeover proposal at $24.75 cash per share, trumping a rival $24.55-per-share bid from TPG Global disclosed just three days earlier. BGH's indicative and non-binding proposal, announced this morning, ...
KIIS FM owner ARN Media (ASX: A1N) has posted a bottom-line loss of $27.6 million for the first half of FY26, a sharp reversal from a $1.9 million profit in the prior corresponding period, as $45.6 million in significant items including a legal settlement with Kyle Sandilands and a $25 million impairment charge dragged on the result. The r...
Coast Entertainment Holdings (ASX: CEH), the owner of the Dreamworld, WhiteWater World and SkyPoint attractions on the Gold Coast, has swung to net profit in FY26 after a surge in domestic visitation pushed operating revenue past pre-incident levels for the first time, while a landmark development approval for its 55-hectare Coomera landholding ...
Fast-casual Mexican restaurant group Guzman y Gomez (ASX: GYG) has swung to a statutory net loss of $26.7 million for FY26 after absorbing $67.3 million in losses from its discontinued US operations, but the company has declared the costly exit is now behind it with no material financial impact expected in FY27. The result marks a sharp reversa...
Wealth management platform Netwealth Group (ASX: NWL) has been found to have contravened the Corporations Act after the Federal Court declared two of its subsidiaries failed to conduct adequate due diligence before offering a high-risk investment fund to superannuation members. The declarations, handed down by Justice McEvoy today, found N...
Adelaide-produced Netflix series My Brilliant Career has debuted at number four on Netflix's Global Top 10 English TV Show list in its first week of release, racking up 3.1 million views and reaching the top 10 in 54 countries. The six-part adaptation of Miles Franklin's classic novel, produced by Jungle Entertainment and filmed across ...
Melbourne-based communications consultancy SenateSHJ has been acquired by Adfactors PR, India's largest public relations firm, in a deal that hands the 1,400-strong Indian agency a majority stake in the independent Australian outfit. The deal, announced today, is designed to give Adfactors PR a direct foothold in the Australian market as bo...
Shopping centre owner Vicinity Centres (ASX: VCX) has posted a higher full-year profit after navigating a marked slowdown in retail spending across the second half of FY26. Total portfolio retail sales grew 3.3 per cent for the full year, but the pace decelerated from 4.2 per cent in the first half to 2.3 per cent in the second half as househol...
Melbourne-headquartered IDP Education (ASX: IEL) shed more than 29 per cent of its market value this morning after reporting a sharp decline in full-year earnings driven by a 27 per cent drop in student placement volumes amid policy-driven restrictions on global student mobility. The international education services company posted revenue ...
Health insurer Medibank Private (ASX: MPL), which today reported a 2.9 per cent rise in full-year underlying net profit to $636.8 million, has revealed that persistent cost-of-living pressures are reshaping the private health insurance market as customers gravitate toward lower-tier products and shop around more aggressively for deals....
Property investment manager Dexus (ASX: DXS) has revealed its protracted legal dispute over a stake in Melbourne Airport's parent company has cost $60 million in legal and related expenses, as the group warned investors to brace for a materially weaker FY27. The costs relate to the APAC shareholders' deed dispute, in which the NSW Supre...
Australian workforce management platform Guardhouse has acquired Mobohubb, a Florida-based field operations and patrol verification company, in a deal that expands the company's US footprint and adds mobile-first capabilities to its existing suite. The acquisition brings Mobohubb's patrol routing, GPS-stamped proof-of-service and d...
Melbourne-based modular construction company Modscape + Modbotics has officially broken ground on a new 50,000sqm advanced manufacturing facility at Vantage Yatala, marking the start of construction on what will become the company's permanent Queensland production base. The purpose-built facility, which includes 20,000sqm of cover...
