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❇️ New Deals
Stripe - OpenRouter
Software Publishing | Internet Service Providers and Web Search Portals | Data Processing and Web Hosting Services | Non-Depository Financing | Financial Asset Investing | Other Auxiliary Finance and Investment Services | Computer System Design and Related Services
Stripe, LLC, a financial technology group providing payment processing and financial infrastructure software, proposes to acquire 100% of the capital stock of OpenRouter Inc. OpenRouter is a technology company active in the artificial intelligence sector, offering infrastructure services for accessing Large Language Models and generative AI models.
MN-90037 ↗ · Notification, Phase 1 · notified 2 October 2026 · determination due 16 November 2026
Shepparton Automotive Group - Darryl Twitt Motors dealerships in Shepparton East, Victoria
Car Retailing | Motor Vehicle Parts Retailing | Other Automotive Repair and Maintenance
Jasnic Automotive Pty Ltd, trading as Shepparton Automotive Group, proposes to acquire the business assets of Goulburn Motor Group (Vic) Pty Ltd, trading as Darryl Twitt Motors. This asset sale involves automotive dealerships in Shepparton East, Victoria, covering new and used vehicle sales, servicing, parts, and financing.
MN-45030 ↗ · Notification, Phase 1 · notified 6 October 2026 · determination due 17 November 2026
TurOSI / Cordina
Poultry Farming (Meat) | Poultry Farming (Eggs) | Poultry Processing | Meat, Poultry and Smallgoods Wholesaling
TurOSI Pty Ltd, an Australian chicken meat processor and subsidiary of OSI Group LLC, proposes to acquire 100% of the shares in Cordina Food Group (HoldCo) Pty Ltd. Cordina, also a chicken meat processor, is owned by the Cordina family and private equity firm PAG. Both supply processed chicken meat to supermarkets, quick service restaurants, and wholesale customers.
MN-10032 ↗ · Notification, Phase 1 · notified 2 October 2026 · determination due 16 November 2026
APEM Group - Resource Strategies
Engineering Design and Engineering Consulting Services | Management Advice and Related Consulting Services
APEM Group Pty Ltd, a Victoria-based environmental consulting company, proposes to acquire 100% of the issued share capital in Resource Strategies Pty. Ltd., a Queensland-based environmental and regulatory consulting company. This share acquisition combines their services primarily in the mining, renewable energy, infrastructure, and built environment sectors.
MN-85049 ↗ · Notification, Phase 1 · notified 2 October 2026 · determination due 16 November 2026
Bright & Duggan – Civium
Other Residential Building Construction | Non-Residential Building Construction | Financial Asset Investing | Real Estate Services
Bright & Duggan Group Pty Ltd, a subsidiary of Johns Lyng Group Limited (backed by Pacific Equity Partners), proposes to acquire 100% of the shares in 11 entities of Civium Property Group. This transaction involves two suppliers of strata and building management services in Australia.
MN-95043 ↗ · Notification, Phase 1 · notified 2 October 2026 · determination due 16 November 2026
Altius – Converge International
Other Allied Health Services | Other Health Care Services n.e.c.
The Altius Group, owned by a Riverside Company fund, proposes to acquire 100% of the issued share capital of Converge International Pty Ltd. Both companies provide workplace health and wellbeing services, including employee assistance programs and psychological services. This is a share sale in the allied health services sector.
MN-25053 ↗ · Notification, Phase 1 · notified 1 October 2026 · determination due 13 November 2026
ASSA ABLOY – Gunnebo Entrance Control
Other Fabricated Metal Product Manufacturing n.e.c. | Financial Asset Investing | Other Machinery and Equipment Repair and Maintenance
ASSA ABLOY Holding AB proposes to acquire 100% of the shares in Gunnebo Entrance Control AB. This share acquisition unites two entities in the security entrance control equipment and services industry. ASSA ABLOY provides access solutions and entrance automation, while Gunnebo Entrance Control supplies and services security entrance control equipment.
MN-65039 ↗ · Notification, Phase 1 · notified 1 October 2026 · determination due 13 November 2026
Olin - Huntsman
Basic Organic Chemical Manufacturing | Basic Inorganic Chemical Manufacturing | Synthetic Resin and Synthetic Rubber Manufacturing
Olin Corporation proposes to acquire 100% of the shares in Huntsman Corporation. This transaction involves two US-based chemical manufacturers and distributors, both supplying various chemical products to Australian customers. The combined entity will be renamed OlinHuntsman Corporation.
MN-95044 ↗ · Notification, Phase 1 · notified 1 October 2026 · determination due 13 November 2026
Schreiber Foods – Real Dairy Australia
Cheese and Other Dairy Product Manufacturing | Dairy Produce Wholesaling
US-based dairy manufacturer Schreiber Foods Inc proposes to acquire 100% of the share capital in Australian dairy processor Get Real Foods Pty Ltd (Real Dairy Australia). The transaction involves the processing and distribution of cheese and other dairy products, excluding Real Dairy Australia's Wauchope cheese production facility.
MN-45029 ↗ · Notification, Phase 1 · notified 30 September 2026 · determination due 12 November 2026
Architectus – SBA
Financial Asset Investing | Architectural Services
Architectus Services BidCo Pty Ltd proposes to acquire 100% of the shares in SBA Architects Pty Ltd. Both firms provide architectural and interior design services. Architectus is a multi-disciplinary practice operating nationally, while SBA focuses on industrial and commercial sectors across New South Wales, Queensland, and Victoria.
MN-70039 ↗ · Notification, Phase 1 · notified 30 September 2026 · determination due 12 November 2026
Coles - supermarket site in Angle Vale, SA
Supermarket and Grocery Stores | Fruit and Vegetable Retailing | Other Store-Based Retailing n.e.c. | Non-Residential Property Operators
Coles Supermarkets Australia Pty Ltd proposes to lease a new supermarket site in Angle Vale, SA, from Merenda Group Pty Ltd. This commercial property transaction expands Coles' supermarket and grocery store operations within a new neighbourhood centre being developed by Merenda Group.
MN-75042 ↗ · Notification, Phase 1 · notified 30 September 2026 · determination due 12 November 2026
Apiam - Goulburn Valley Equine Hospital
Horse Farming | Other Agriculture and Fishing Support Services | Veterinary Services
AAH Veterinary Services Pty Ltd, a subsidiary of Apiam Animal Health Limited, proposes to acquire 100% of the business and assets of Goulburn Valley Equine Hospital. This expands Apiam's extensive rural veterinary services, including equine, by adding Goulburn Valley's complete equine veterinary services in Shepparton, Victoria.
MN-80045 ↗ · Notification, Phase 1 · notified 30 September 2026 · determination due 12 November 2026
Kinetic - Tassielink
Interurban and Rural Bus Transport | Urban Bus Transport (Including Tramway) | Financial Asset Investing
Kinetic Holding Company Pty Ltd, controlled by TPG Inc., proposes a share sale to acquire 100% of Tasmanian bus operators Tassielink Group Pty Ltd and Tasmanian Tours & Travel Pty Ltd. The acquirer provides national and international bus transport, while the targets provide Tasmanian transport.
MN-75058 ↗ · Notification, Phase 1 · notified 29 September 2026 · determination due 11 November 2026
⚡ New & Already Decided
Goodstart – certain Edge Early Learning centres (in administration)
Preschool Education | Child Care Services
Goodstart Early Learning Ltd proposes to acquire the business and assets of 31 childcare centres from Edge Early Learning Holdings Pty Ltd (Administrators Appointed). This asset sale in the early learning and childcare sector follows an administration sale process for Edge, a provider in Queensland and South Australia.
WA-85056 ↗ · Waiver · notified 30 September 2026 · approved 6 October 2026
National Dental Care - Sunshine Dental and Gisborne Dental, VIC
Dental Services
National Dental Care, majority owned by Crescent Capital Partners funds, is acquiring the business assets of two Victorian dental clinics: Sunshine Dental Group and Gisborne Dental Group. The acquisition from Care Family Dental Pty Ltd and The Trustee for Care Family Dental Gisborne Trust expands its network of general dentistry services.
WA-35050 ↗ · Waiver · notified 11 September 2026 · approved 5 October 2026
Australian Venue Co – assets of the Stock Exchange Hotel, Brisbane CBD, QLD
Cafes and Restaurants | Pubs, Taverns and Bars
AVC Operations Pty Limited, a subsidiary of Australian Venue Co. Holdings Limited, proposes to acquire substantially all of the assets of the licensed hotel business trading as the Stock Exchange Hotel from Stock Ex Brisbane Pty Ltd as trustee for the Stock Ex Brisbane Unit Trust. This asset sale involves a Brisbane CBD pub.
WA-15044 ↗ · Waiver · notified 3 September 2026 · approved 2 October 2026
Kiwa - CSA Group
Scientific Testing and Analysis Services | Regulatory Services
Kiwa Holding Canada Inc., a subsidiary of Kiwa N.V. and SHV Holdings, proposes to acquire 100% of the shares in CSA Group Testing & Certification Inc. Both are testing, inspection and certification (TIC) providers. Kiwa N.V. has a broad Australian presence, while CSA Group has limited Australian factory certification operations.
WA-35048 ↗ · Waiver · notified 10 September 2026 · approved 2 October 2026
Blackbird Ventures - Heidi Health
Software Publishing | Internet Publishing and Broadcasting | Other Auxiliary Finance and Investment Services | Scientific Research Services | Veterinary Services | Computer System Design and Related Services | Hospitals (Except Psychiatric Hospitals) | General Practice Medical Services | Specialist Medical Services | Dental Services | Other Allied Health Services | Aged Care Residential Services
Blackbird Funds, managed by Australian and New Zealand venture capital firm Blackbird Ventures, propose a share purchase of Series C Preferred Stock in a capital raise by Oscer Enterprises Pty Ltd (Heidi). Heidi is a healthcare technology company providing artificial intelligence software for clinical documentation and workflows.
WA-40043 ↗ · Waiver · notified 14 September 2026 · approved 2 October 2026
Sekisui Chemical – Ausbuild
Rigid and Semi-Rigid Polymer Product Manufacturing | Polymer Foam Product Manufacturing | House Construction | Land Development and Subdivision
Japanese advanced materials manufacturer Sekisui Chemical Co., Ltd., via Sekisui Heim Australia Ac Pty Ltd, is acquiring 51% of the shares in three holding entities that ultimately own residential house construction and land development business Ausbuild Group Pty Ltd. The share sale includes call and put options for the remaining 49%.
WA-60047 ↗ · Waiver · notified 17 September 2026 · approved 2 October 2026
Herron Todd White Group - Mitchell Brandtman
House Construction | Non-Residential Building Construction | Banking | Non-Residential Property Operators | Real Estate Services | Architectural Services | Engineering Design and Engineering Consulting Services | Legal Services
Quadrant Private Equity-backed Herron Todd White (One) Pty Ltd proposes to acquire 100% of Mitchell Brandtman Pty Ltd shares. The deal merges property valuation and advisory services with quantity surveying and construction cost services. Mitchell Brandtman shareholders will collectively own 7.4% of Herron Todd White (Holdings) Pty Ltd post-completion.
WA-70038 ↗ · Waiver · notified 10 September 2026 · approved 2 October 2026
St Vincent's Private Hospitals Limited – St Vincent's Private Hospital Sydney
Hospitals (Except Psychiatric Hospitals)
St Vincent's Private Hospitals Limited, part of St Vincent's Health Australia, is acquiring the assets and operations of St Vincent's Private Hospital Sydney, a 310-bed hospital, from the Congregation of the Religious Sisters of Charity of Australia and the Trustees of the Sisters of Charity of Australia, consolidating the not-for-profit hospital.
WA-25051 ↗ · Waiver · notified 2 September 2026 · approved 1 October 2026
Kanda Healthcare - Connecting Families
Financial Asset Investing | Other Auxiliary Finance and Investment Services | Corporate Head Office Management Services | Other Residential Care Services | Other Social Assistance Services
Kanda Healthcare Pty Ltd, Kanda Foundation Limited, and Kanda Management Services Pty Ltd, controlled by Genesis Capital, propose to acquire 100% of the assets of Connecting Families. This transaction involves two NDIS-registered disability accommodation and support services providers operating in NSW, Qld, SA and the ACT.
WA-25054 ↗ · Waiver · notified 5 September 2026 · approved 1 October 2026
Australian Venue Co – assets of Hervey Bay Hotel & Resort, Pialba, QLD
Cafes and Restaurants | Pubs, Taverns and Bars
AVC Operations Pty Limited, a subsidiary of Australian Venue Co. Holdings Limited, proposes to acquire substantially all assets of the Hervey Bay Hotel & Resort from Herbay Pty Ltd as trustee for The Herbay Trust. This asset sale involves a licensed hotel business in the pubs, taverns, and accommodation sector.
WA-25052 ↗ · Waiver · notified 3 September 2026 · approved 30 September 2026
Waymark Hotels Group – The Queensland Hotel, Goondiwindi, QLD
Liquor Retailing | Accommodation | Pubs, Taverns and Bars | Non-Residential Property Operators
Waymark Hotels Group entities, QL Hotel Op Co Pty Ltd and Waymark Hotels Properties No 45 Pty Ltd, propose to acquire the land and business of The Queensland Hotel in Goondiwindi, Queensland. This asset acquisition, from entities including Carter & Co Hotel Pty Ltd, expands Waymark's hospitality, accommodation, and liquor retailing operations.
WA-90038 ↗ · Waiver · notified 14 September 2026 · approved 30 September 2026
✅ Recently Approved
MUFG Pension & Market Services - Grow Technology Services
Other Auxiliary Finance and Investment Services
MUFG Pension & Market Services Holdings Pty Limited, via Australian Administration Services Pty Limited, proposes to acquire 100% of the shares in Grow Technology Services Ltd through a scheme of arrangement. Both companies supply superannuation administration services in Australia, with Grow offering a cloud-based distributed ledger technology platform.
MN-35030 ↗ · Notification, Phase 1 · notified 31 August 2026 · approved 6 October 2026
Amplitude / OG Energy - Artisan Gas Field
Oil and Gas Extraction
Amplitude Energy Limited and O.G. Energy Holdings Pty Ltd, through their subsidiaries, propose to acquire a 60% interest in the Artisan gas field and associated assets in the Offshore Otway Basin, Victoria, from Beach Energy (Operations) Limited. This asset acquisition is in the oil and gas extraction industry.
MN-01121 ↗ · Notification, Phase 1 · notified 11 September 2026 · approved 2 October 2026
Challenger - Channel Capital and Fidante
Other Auxiliary Finance and Investment Services | Auxiliary Insurance Services
Challenger Limited's Fidante business is merging with Channel Capital Pty Ltd. A newly established Channel Group Holdings Pty Ltd will acquire both entities. Challenger Funds Management Holdings Pty Limited will acquire a 45% interest in Channel Group Holdings Pty Ltd, impacting the investment and funds management services sector.
MN-65033 ↗ · Notification, Phase 1 · notified 11 September 2026 · approved 2 October 2026
Apiam – Seymour Equine Clinic
Horse Farming | Other Agriculture and Fishing Support Services | Veterinary Services
AAH Veterinary Services Pty Ltd, a subsidiary of Apiam Animal Health Limited, proposes to acquire 100% of the business and business assets of Seymour Equine Clinic. This asset acquisition expands Apiam's rural veterinary services, particularly in equine care, by adding the Seymour, Victoria-based equine clinic and hospital.
MN-95040 ↗ · Notification, Phase 1 · notified 3 September 2026 · approved 2 October 2026
BBFIT - Hanes Australasia
Textile Product Wholesaling | Clothing and Footwear Wholesaling | Manchester and Other Textile Goods Retailing | Clothing Retailing | Financial Asset Investing
BBFIT Investments Pte Ltd, an investment and fund management company with retail interests (Best & Less, Léays), proposes to acquire the entire issued share capital of HBI Holdings Australasia Pty Ltd (Hanes Australasia). Hanes Australasia is a consumer retail and apparel company, manufacturing, wholesaling, and retailing apparel and homeware brands like Bonds, Bras N Things, and Berlei.
MN-10028 ↗ · Notification, Phase 1 · notified 2 September 2026 · approved 1 October 2026
ENEOS – Chevron Australia Downstream
Petroleum Product Wholesaling | Fuel Retailing | Financial Asset Investing
ENEOS Holdings, a Japanese petroleum and energy group, proposes to acquire 100% of the share capital of Chevron Australia Downstream Holdings. This transaction involves Chevron Corporation's integrated downstream platform, distributing fuels and lubricants across Australia, including terminals and a national network of retail service stations.
MN-65036 ↗ · Notification, Phase 1 · notified 10 September 2026 · approved 1 October 2026
Eli Lilly – Merida Biosciences
Human Pharmaceutical and Medicinal Product Manufacturing | Financial Asset Investing | Scientific Research Services
Eli Lilly and Company, a US-based pharmaceutical company, proposes to acquire 100% of the issued shares in Merida Biosciences, Inc. Merida Biosciences is a clinical-stage biotechnology company focused on developing treatments for autoimmune and allergic conditions. This share acquisition expands Eli Lilly's presence in human pharmaceutical and medicinal product manufacturing and scientific research services.
MN-80042 ↗ · Notification, Phase 1 · notified 10 September 2026 · approved 1 October 2026
🚫 Waivers Refused
MedHealth – Integrity Medico-Legal
Other Health Care Services n.e.c.
MedHealth Pty Ltd proposes to acquire the business and assets of Integrity Medico-Legal Pty Ltd. Both companies operate in the health and injury claim services sector, providing medico-legal and independent medical assessments. MedHealth also offers claims management. This transaction is structured as a business and asset sale.
WA-85051 ↗ · Waiver · notified 3 September 2026 · waiver refused 6 October 2026
🔁 Pending Deals
Notification — Phase 1 (initial assessment)
Velocity Vehicle Group – Fuso assets of Daimler Truck Australia Pacific: submitted 3 September 2026; expected 16 October 2026; MN-25035 ↗
Woolworths - supermarket site in Homestead Rd, Orchard Hills, NSW: submitted 3 September 2026; expected 16 October 2026; MN-40034 ↗
Hyne Pallets - Advance Pallets: submitted 7 September 2026; expected 20 October 2026; MN-75043 ↗
Merck KGaA / Bio-Techne: submitted 9 September 2026; expected 22 October 2026; MN-25049 ↗
Danfoss - Alfagomma: submitted 9 September 2026; expected 22 October 2026; MN-75052 ↗
Alcoa – South32 aluminium assets: submitted 10 September 2026; expected 23 October 2026; MN-25047 ↗
PSP Investments - AAA Egg Company: submitted 10 September 2026; expected 23 October 2026; MN-55024 ↗
Bupa Health Services - Partnered Health: submitted 11 September 2026; expected 26 October 2026; MN-50028 ↗
Covetrus — MWI: submitted 14 September 2026; expected 27 October 2026; MN-55037 ↗
EQT Fund Management - Intertek: submitted 14 September 2026; expected 27 October 2026; MN-75045 ↗
Nielsen - DoubleVerify: submitted 21 September 2026; expected 3 November 2026; MN-55036 ↗
Calvary – Southern Cross Care (Tasmania): submitted 22 September 2026; expected 4 November 2026; MN-20039 ↗
Imagine Education – Eden Academy: submitted 23 September 2026; expected 5 November 2026; MN-05049 ↗
Visa - BioCatch: submitted 24 September 2026; expected 6 November 2026; MN-75056 ↗
Vets Central – Vital Vet Animal Hospital: submitted 25 September 2026; expected 9 November 2026; MN-85042 ↗
Colas – Quarry Products Harlaxton: submitted 28 September 2026; expected 10 November 2026; MN-25048 ↗
Xylem - Flow Controls: submitted 28 September 2026; expected 10 November 2026; MN-85054 ↗
Notification — Phase 2 (detailed assessment)
Zoetis – Neogen Genomics Business: submitted 12 May 2026; expected 27 November 2026; MN-05013 ↗
Saipem S.p.A - Subsea7 S.A.: submitted 27 April 2026; expected 1 December 2026; MN-01072 ↗