Xero Limited (ASX:XRO) Completes A$1.85bn Institutional Placement
Xero Limited (ASX:XRO) successfully raises A$1.85 billion through an institutional placement to acquire Melio Limited, enhancing its market position.
The Hub of Australian Finance News
Xero Limited (ASX:XRO) successfully raises A$1.85 billion through an institutional placement to acquire Melio Limited, enhancing its market position.
X2M Connect Limited (ASX:X2M) secures $1 million in South Korea contracts, expanding its customer base and boosting total secured contracts to over $5.5 million.
Power Minerals (ASX:PNN) completes a 2,272 metre drilling program at the Santa Anna Project in Brazil, advancing towards a Maiden JORC Resource.
Audinate Group Limited (ASX:AD8) acquires Iris Studio Inc for up to US$28 million, enhancing its video platform capabilities.
Stellar Resources Limited (ASX:SRZ) reports extended high-grade tin intercepts at Queen Hill, supporting resource upgrade and future drilling plans.
Noumi Limited (ASX:NOU) secures approval for a $43 million class action settlement, concluding legacy legal issues and enabling focus on business growth.
Delorean Corporation Ltd (ASX:DEL) announces regulatory reforms that enhance its renewable gas projects and biomethane market viability in Australia.
Xero Limited (ASX:XRO) acquires Melio to enhance its US operations and accelerate global growth, supported by a significant capital raise.
Brightstar Resources (ASX:BTR) reports further significant drilling results at Sandstone Hub, enhancing its Mineral Resource Estimate.
Kip McGrath (ASX:KME) provides FY25 trading update, exits USA business, and announces new CEO Melinda Smith.