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Insignia Financial (ASX:IFL) has rejected a non-binding, indicative takeover proposal from Bain Capital, saying that the offer did not reflect the company’s fundamental value. The proposal, announced on 13 December 2024, sought to acquire 100% of Insignia’s shares via a scheme of arrangement. Insignia’s board, after consulting with financial advisers Citigroup and Gresham Advisory Partners, […]

Titomic (ASX:TTT) has secured a $1.1m sale of its custom Kinetic Fusion Cold Spray System to the University of North Texas (UNT) to support advanced manufacturing research and industry collaboration. “Cold spray” involves metal or other materials being sprayed at high velocity onto a surface to create a coating or build a solid structure. The

Altech Batteries (ASX:ATC) has signed its third offtake Heads of Agreement for its CERENERGY GridPack battery technology, this time with German-based renewable energy provider Axsol GmbH. The agreement will see Axsol, a certified NATO supplier, exclusively distribute Altech’s CERENERGY batteries to western defence industries. The deal includes an initial offtake for 10MWh in 2027, increasing

The US stock market has seen a historic shift, with the Dow Jones Industrial Average recording its first nine-day losing streak since 1978. The index fell 267 points, or 0.61%, to close at 43,449.90 on Tuesday. While the broader market remains strong — with the S&P 500 and Nasdaq both near record highs — the

The US stock market has seen a historic shift, with the Dow Jones Industrial Average recording its first nine-day losing streak since 1978. The index fell 267 points, or 0.61%, to close at 43,449.90 on Tuesday. While the broader market remains strong — with the S&P 500 and Nasdaq both near record highs — the

Tamboran Resources (ASX:TBN) and Daly Waters Energy have entered into binding agreements with APA Group (ASX:APA), Australia’s largest gas pipeline operator, to develop the Sturt Plateau Pipeline (SPP). The pipeline will support the proposed natural gas Shenandoah South Pilot Project, in which Tamboran and Daly Waters Energy are joint venture partners. The 37km pipeline will connect

Oil and gas producer Karoon Energy (ASX:KAR) has halted production at the Baúna oil field off the coast of Brazil. This follows the failure of two anchor chains on the floating production storage and offloading (FPSO) vessel Cidade de Itajaí. On 11 December 2024, the company and FPSO operator Altera&Ocyan implemented a controlled shutdown as a

Alpha HPA (ASX:A4N) has reached Contractual Close for a $400m debt funding package to support Stage 2 of its HPA First Project in Gladstone, Queensland. The funding, structured as a limited-recourse project finance deal, is being jointly provided by the Northern Australia Infrastructure Facility (NAIF) and Export Finance Australia (EFA). The debt package is split

Westpac (ASX:WBC) has announced that its Chief Financial Officer, Michael Rowland, will retire in 2025. Rowland has been with the bank since 2020. CEO Anthony Miller praised Rowland’s contributions, highlighting his role in strengthening Westpac’s capital position and supporting sustainable returns for shareholders. “Michael has played an important role in the financial management of Westpac

Larvotto Resources (ASX:LRV) has reported final results from its reverse circulation drilling program at the Clarks Gully deposit, which is part of the company’s Hillgrove Gold-Antimony Project in New South Wales. The results indicate the potential for resource expansion, with high-grade intercepts discovered beyond the current resource boundaries. The program, which included 59 drill holes