Genesis proposes to acquire Vault for A$5.6B in cash, stock transaction. Jul. 5, 2026, 07:30 PM Genesis Minerals confirms that it has delivered to Vault (REDLF) a definitive proposal to acquire all of the securities in Vault via a Vault scheme of arrangement. Vault shareholders would receive 0.7629 new Genesis ordinary shares plus A$0.475 in cash for each Vault share held, implying total consideration of A$5.2741 per Vault share and valuing Vault at A$5.6B.The aggregate cash and scrip consideration under the Proposed Scheme would be A$500M and 803.4M Genesis Shares respectively. Genesis intends to offer Vault shareholders a mix-and-match facility for consideration under the proposed Scheme, further details of which are included in this announcement. The total cash consideration of A$500M under the Proposed Scheme would be funded from a combination of Genesis' existing cash and new corporate revolver facilities. On a pro-forma basis, the enlarged Genesis Group would retain a very strong balance sheet with substantial net cash of A$611M and pro-forma liquidity of A$1.3B. Genesis has been informed that Vault's Board of Directors, in consultation with Vault's financial and legal advisers, has unanimously determined that the Proposed Scheme constitutes a "Vault Superior Proposal" under the Regis (RGNRF) Scheme Implementation Deed * Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. * Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>> Read More on RGRNF:

Diligent, a U.S. company specializing in software solutions for corporate governance, risk, compliance, and ESG, has acquired Vault Platform, a British-Israeli startup in the field of organizational compliance technologies. The financial terms of the deal were not disclosed.