middle.news
How Babylon’s $3.5M Raise Fuels Its Matrix Hydro Services Acquisition
2:33am on Monday 2nd of June, 2025 AEST
•
Resources Services
Read Story
How Babylon’s $3.5M Raise Fuels Its Matrix Hydro Services Acquisition
2:33am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of Matrix Hydro Services strengthens Babylon’s water management portfolio
Upfront $2.5 million payment with potential $1.1 million deferred based on FY26 EBITDA
Matrix founders join Babylon’s management, boosting technical expertise
Babylon launches $3.5 million Accelerated Non-Renounceable Entitlement Offer (ANREO)
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Babylon Pump & Power (ASX:BPP)
OPEN ARTICLE