SHAPE Australia (ASX:SHA) agreed to acquire Australian Professional Shopfitters from Handa Manufacturing for up to AU$29.4 million, according to a Thursday filing with the Australian bourse.
The transaction includes an upfront consideration of AU$20.4 million and up to AU$9 million in contingent consideration over a two-year earn-out period, the filing said.
Consideration and transaction costs for the acquisition will be funded through cash and scrip, per the filing.
Stride Property (NZE:SPG) reported Thursday fiscal 2026 adjusted funds from operations of NZ$0.0754 per share, up from NZ$0.0748 a year earlier.Analysts polled by FactSet expected NZ$0.07.Revenue for the 12 months ended March 31 was NZ$81.8 million, down around 8.5% from a year earlier. Analysts surveyed by FactSet expected NZ$91 million.The board declared a combined fiscal 2026 dividend of NZ$0.08 per share, unchanged from a year earlier. It also issued a combined cash dividend guidance of NZ$0.08 for fiscal 2027.The company's shares were down 1% in recent Thursday trade.
IPH (ASX:IPH) appointed Anthony O'Malley as its new managing director and Chief Executive Officer with effect from July 1, succeeding Andrew Blattman, who plans to retire, according to a Thursday Australian bourse filing.O'Malley was most recently the global legal business solutions leader at PwC. Blattman will continue to provide support to the firm until Nov. 30.
Bremworth (NZE:BRW) said it continues to believe that its October 2025 agreement to be acquired by Floorscape represents the best available opportunity to provide value to shareholders, according to a Thursday filing with the New Zealand bourse.The company issued the statement after becoming aware of speculation over its strategic options if the New Zealand Commerce Commission (NZCC) rejects Floorscape's clearance application for the transaction."Bremworth continues to have confidence in the merits of the scheme for shareholders and New Zealand consumers and will continue to engage with the NZCC," the company said.It added that the board will assess remaining alternatives if the NZCC does not grant clearance.The company's shares fell nearly 3% in recent Thursday trade.