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❇️ New Deals
News – acquisition of 20% of National Distribution Services
Road Freight Transport | Courier Pick-up and Delivery Services | Magazine and Other Periodical Publishing | Advertising Services | Computer System Design and Related Services
News Corp Australia, a media company, proposes to acquire a 20% share interest in distribution and logistics provider National Distribution Services Pty Ltd. News Corp currently contracts the provider for its print media distribution. The transaction also includes a call option for the remaining shares in limited circumstances.
WPF DURATEC PTY LTD / Davhold Australia Pty Ltd
Steel Pipe and Tube Manufacturing
WPF Duratec Pty Ltd, a subsidiary of Duratec Limited, proposes to acquire 100% of the shares in Davhold Australia Pty Ltd, trading as Pacific Welding Australia. This share acquisition involves an Australian engineering, construction, and remediation contractor acquiring a welding and fabrication company serving the oil & gas, energy, and mining industries.
Paramount Skydance / Warner Bros. Discovery
Motion Picture and Video Production | Motion Picture and Video Distribution | Post-production Services and Other Motion Picture and Video Activities | Free-to-Air Television Broadcasting | Cable and Other Subscription Broadcasting | Data Processing and Web Hosting Services | Non-Financial Intangible Assets (Except Copyrights) Leasing | Advertising Services | Computer System Design and Related Services
Paramount Skydance Corporation will acquire Warner Bros. Discovery, Inc. for USD 31.00 per share in cash, via a share acquisition. Both are global media, streaming, and entertainment companies. Paramount operates Network 10 and Paramount+ in Australia, while Warner Bros. Discovery has Australian Pay TV services and HBO Max.
Barro Group / BQC Quarries and Burdekin Concrete
Gravel and Sand Quarrying | Other Construction Material Mining | Ready-Mixed Concrete Manufacturing
Barro Group Pty Ltd, via a subsidiary, proposes an asset purchase of the quarry and concrete businesses of the BQC Quarries partnership and Burdekin Concrete Pty Ltd. This involves hard rock and sand quarrying, and ready-mix concrete manufacturing operations in Northern Queensland.
✅ Recently Approved
Lawrence & Hanson - Gordon Macdonald
Other Electrical and Electronic Goods Wholesaling
Lawrence & Hanson Group Pty Ltd, an Australian electrical, lighting and data products wholesaler owned by Sonepar, acquired the business and assets of Gordon Macdonald Pty Ltd. Gordon Macdonald is a New South Wales-based wholesaler in the same sector, operating in Bowral, Nowra and Wollongong.
REA Group - Simplicity Loans & Advisory
Financial Asset Broking Services | Other Auxiliary Finance and Investment Services
REA Group Ltd, via its subsidiary REA Financial Services Holding Co. Pty Ltd, acquired 70% of the shares in Simplicity Loans & Advisory Pty Ltd. This transaction sees REA Group, a provider of digital advertising and residential mortgage brokering, expand into commercial and developer mortgage brokering services offered by Simplicity Loans & Advisory.
Journey Beyond – Kakadu Crocodile Hotel
Accommodation | Scenic and Sightseeing Transport | Amusement and Other Recreational Activities n.e.c.
Experience Australia Group, via JB Kakadu Hotel Pty Ltd, acquired the Kakadu Crocodile Hotel business and assets, and a 100% leasehold interest in the land, from Kakadu Tourism (GCH) Pty Limited and Gundjeihmi Aboriginal Corporation Jabiru Town. This asset acquisition strengthens Experience Australia Group's tourism services and accommodation offerings in the Northern Territory.
Danaher - Masimo
Medical and Surgical Equipment Manufacturing | Other Professional and Scientific Equipment Manufacturing | Professional and Scientific Goods Wholesaling | Scientific Research Services
Global science and technology company Danaher Corporation acquired 100% of the share capital of global medical technology company Masimo Corporation. Masimo provides pulse oximetry and patient monitoring solutions. Danaher operates across biotechnology, life sciences, and diagnostics, including medical and scientific equipment manufacturing and wholesaling.
Apollo Funds - Nippon Sheet Glass
Glass and Glass Product Manufacturing | Financial Asset Investing
Apollo Funds, managed by affiliates of Apollo Global Management, Inc., have indirectly acquired sole control of Nippon Sheet Glass Company, Limited. This share acquisition combines Apollo's global alternative asset management with Nippon Sheet Glass's global manufacturing of architectural, automotive, and technical glass products.
Coles - substation in Yarrawonga VIC
Electricity Distribution | Supermarket and Grocery Stores | Fruit and Vegetable Retailing | Liquor Retailing | Other Store-Based Retailing n.e.c. | Courier Pick-up and Delivery Services
Coles Group Property Developments Ltd is acquiring a 52 square metre land parcel, currently an electricity substation, from Powercor Australia Ltd in Yarrawonga, Victoria. This asset sale facilitates permanent power for a new Coles supermarket and Liquorland. Powercor will retain substation infrastructure and lease the land back for operation.
Estia Health – Norsan residential aged care business
Aged Care Residential Services | Other Residential Care Services
Estia Investments Pty. Ltd. is acquiring the business assets of three residential aged care homes from Norsan Pty Ltd. This asset sale sees Estia, a major residential aged care provider, expand its presence by acquiring Norsan's three facilities in metropolitan Melbourne and outer suburbs. The transaction has been approved.
Dubai Aerospace Enterprise - Macquarie AirFinance
Other Motor Vehicle and Transport Equipment Rental and Hiring
Dubai Aerospace Enterprise Ltd acquired 100% of Macquarie AirFinance Limited's issued share capital. This transaction combines two globally active aircraft lessors, primarily leasing regional, narrow-body, and wide-body aircraft to airlines. Dubai Aerospace Enterprise also offers maintenance repair and overhaul services.
Eli Lilly / Orna Therapeutics
Human Pharmaceutical and Medicinal Product Manufacturing | Scientific Research Services
US pharmaceutical company Eli Lilly and Company acquired 100% of the shares in US pre-clinical biotechnology company Orna Therapeutics Holdings, LLC. This share acquisition enhances Eli Lilly's pipeline in novel circular RNA therapeutics and CAR-T therapies for autoimmune disorders and cancer.
Oceania Capital Partners - Hudson Global Resources (Aust)
Financial Asset Investing | Employment Placement and Recruitment Services
Oceania Capital Partners and K & K Ryan Pty Ltd are each subscribing for 33.15% of the ordinary shares in Hudson Highland (APAC) Pty Ltd, the holding company of Hudson Global Resources (Aust). Hudson Global Resources (Aust) provides recruitment and labour hire services across Australia, placing approximately 5,600 on-hire staff annually.
Hostplus – CH Investment Holding Trust
Superannuation Funds | Non-Residential Property Operators
Host-Plus Pty. Limited (Hostplus), a superannuation fund trustee, is acquiring 50% of CH Investment Holding Trust, a Charter Hall managed vehicle. This transaction provides Hostplus with indirect economic exposure to commercial property assets, including a Sydney CBD office building.
Coles - Leasehold interest in shopping centre on Capricorn Highway, Emerald, QLD
Land Development and Subdivision | Supermarket and Grocery Stores | Fruit and Vegetable Retailing | Liquor Retailing | Courier Pick-up and Delivery Services
Coles Supermarkets Australia Pty Ltd proposes acquiring a leasehold interest for a new 2,808 sqm supermarket from Boulder Capital Investments Pty Ltd. Coles is relocating its existing Emerald, QLD store to a new shopping centre on Capricorn Highway, with the new lease commencing late 2027.
Airtree and ors (additional minority co-investors) - Advanced Navigation
Other Professional and Scientific Equipment Manufacturing | Financial Asset Investing | Superannuation Funds
Airtree Ventures Opportunity Fund V Partnership and its affiliates, National Reconstruction Fund Corporation, Australian Retirement Trust, and other investors are acquiring shares in Advanced Navigation Pty. Ltd. This share acquisition, via a sale and subscription deed, involves a company developing AI-powered navigation solutions primarily for defence primes.
Sinopec - CNAF
Petroleum Product Wholesaling
China Petrochemical Corporation (Sinopec) has acquired China National Aviation Fuel Group Limited (CNAF) via a 100% equity transfer. This transaction combines Sinopec's oil and gas operations, including Australian jet fuel trading, with CNAF's aviation fuel services and limited Australian jet fuel trading, within the petroleum product wholesaling industry.
MA Financial Group (Redcape Fund) – The Entrance Social Club
Liquor Retailing | Accommodation | Cafes and Restaurants | Pubs, Taverns and Bars
Entities within MA Financial Group's Redcape Fund acquired The Entrance Social Club from Redbran Pty Limited. This asset acquisition of the community pub and hotel, including freehold land, buildings, licences, and business assets, expands the Redcape Fund's portfolio.
Turner Family Entities - Pedal Group
Toy and Sporting Goods Wholesaling | Sport and Camping Equipment Retailing | Other Goods and Equipment Rental and Hiring n.e.c. | Travel Agency and Tour Arrangement Services | Other Repair and Maintenance n.e.c.
Turner Family Entities acquired 20.32% of Pedal Group Pty Ltd shares from Flight Centre Travel Group Limited, with Pedal Group simultaneously buying back Flight Centre's remaining 26.68%. This share transaction increases the Turner Family Entities' stake in the bicycle retail and wholesale business from 36.30% to 77.23%.
Savvy Games Group – Moonton
Computer System Design and Related Services
East Gate Games Investment Company, a Savvy Games Group entity, acquired 100% of the shares of mobile game developer and publisher Moonton Holdings Limited from Bytedance Ltd. Savvy Games Group invests in and manages companies developing, marketing, and publishing mobile games, and organises esports events.
Allianz - Lease of commercial office space in North Sydney from Lendlease (Victoria Cross)
Other Residential Building Construction | Non-Residential Building Construction | Land Development and Subdivision | General Insurance | Non-Residential Property Operators
Allianz Australia Services, a subsidiary of Allianz Australia Insurance, is leasing commercial office space in North Sydney's new Victoria Cross Tower. The space is being leased from Lendlease (Victoria Cross) and Victoria Cross Commercial, subsidiaries of real estate and investment group Lendlease, for Allianz's insurance business.
Publicis – 160over90
Advertising Services
Publicis Media Australia, part of Publicis Groupe S.A., is acquiring certain assets of International Management Group of America Pty Ltd (trading as 160over90). This asset acquisition combines two entities in the advertising and marketing services sector, with Publicis a global communications leader and 160over90 specialising in cultural, sports, and entertainment marketing.
Salter Brothers - Buroserv
Other Telecommunications Services
Salter Brothers, via Buroserv Telco Holdings Pty Ltd, is acquiring select assets and liabilities, including subsidiaries, of LMGPS Pty Ltd. LMGPS Pty Ltd provides telecommunications services to Australian wholesale and retail customers, focussed on small-to-medium enterprises.
Export Trading Group Australia – pulses and grains business and facility in Mount Tyson, QLD
Other Agriculture and Fishing Support Services | Cereal Grain Wholesaling
Export Trading Group Australia, via ETG Queensland Processing Pty Ltd, is acquiring certain business assets, including land, from Queensland Cotton Corporation Pty Ltd. This asset sale involves the Mount Tyson Facility, a pulses and grains trading, conditioning, storing, and grading business in Queensland.
Lighthouse - Precise Services Group
Plumbing Services | Electrical Services | Air Conditioning and Heating Services | Carpentry Services
Lighthouse Service Partners Holdco, backed by private equity firm Alpine Investors, proposes to acquire 100% of the issued share capital in Precise Services Group. This share acquisition expands Lighthouse's integrated building services portfolio, including plumbing, electrical, and HVAC, for residential and commercial customers in Greater Adelaide.
❌ Recently Rejected
No rejections published since last edition.
🔁 Pending Deals
Notification — Phase 1 (initial assessment)
Fulton Hogan – Avionics: submitted 28 April 2026; expected 11 Jun 2026; MN-75016 ↗
Genea - Embrace Fertility: submitted 27 April 2026; expected 10 Jun 2026; MN-05009 ↗
Saipem S.p.A / Subsea7 S.A.: submitted 27 April 2026; expected 10 Jun 2026; MN-01072 ↗
WIN Television Network - NBN Enterprises & Television Holdings Darwin: submitted 24 April 2026; expected 10 Jun 2026; MN-50008 ↗
Australian Meat Group Pty Ltd - Killara Feedlot Pty Ltd: submitted 24 April 2026; expected 10 Jun 2026; MN-20012 ↗
Gilead - Ouro: submitted 22 April 2026; expected 5 Jun 2026; MN-60014 ↗
MassMutual, Rest, Aware Super and Goodman – Moorabbin Airport: submitted 21 April 2026; expected 4 Jun 2026; MN-10012 ↗
Zurich - ClearView: submitted 21 April 2026; expected 4 Jun 2026; MN-55016 ↗
Accenture - Ziff Davis' connectivity business: submitted 17 April 2026; expected 2 Jun 2026; MN-10013 ↗
Daikin - AAMS Group: submitted 16 April 2026; expected 29 May 2026; MN-30009 ↗
Global Infrastructure Management – TCR: submitted 16 April 2026; expected 29 May 2026; MN-70014 ↗
Ventura Motors – Crown Coaches: submitted 15 April 2026; expected 28 May 2026; MN-70013 ↗
Eli Lilly – acquisition of licence from CSL Behring: submitted 14 April 2026; expected 27 May 2026; MN-40012 ↗
Trescal – TR Calibration: submitted 14 April 2026; expected 10 Jun 2026; MN-90009 ↗
Swiss Re - QBE Insurance's Trade Credit and Surety business: submitted 10 April 2026; expected 25 May 2026; MN-40015 ↗
Sembcorp Industries Ltd - Alinta Energy: submitted 7 April 2026; expected 20 May 2026; MN-95001 ↗
eBay / Depop: submitted 3 April 2026; expected 19 May 2026; MN-45002 ↗
Eagers Vic - Audi Melbourne and Audi Richmond: submitted 31 March 2026; expected 15 May 2026; MN-05012 ↗
Peter Warren - Wakeling Automotive: submitted 5 March 2026; expected 2 Jun 2026; MN-30002 ↗
Notification — Phase 2 (detailed assessment)
Insurance Australia Group – RAC Insurance: submitted 3 March 2026; expected 26 Aug 2026; MN-65005 ↗
MicroStar Logistics - Konvoy: submitted 20 February 2026; expected 18 Aug 2026; MN-30003 ↗
Coles – supermarket and liquor site in Kalgoorlie, WA: submitted 27 November 2025; expected 12 Jun 2026; MN-01068 ↗
Ampol – EG Australia: submitted 10 October 2025; expected 5 Jun 2026; MN-01019 ↗