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.

Xero Limited (ASX:XRO) successfully raises A$1.85 billion through an institutional placement to acquire Melio Limited, enhancing its market position.
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.
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.
Kip McGrath (ASX:KME) provides FY25 trading update, exits USA business, and announces new CEO Melinda Smith.
GBM Resources (ASX:GBZ) secures $13M through placement, repays debt, and restructures Board to enhance Drummond Basin gold assets.
Eureka Group Holdings Limited (ASX:EGH) appoints Simon Owen as Managing Director, enhancing leadership for growth and market position.
Biotron Limited (ASX:BIT) completes safety study for its HBV drug, advancing to efficacy testing in animal models.
Maggie Beer Holdings (ASX:MBH) completes the sale of Paris Creek Farms, focusing on its core growth assets.