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Matrix Composites Clarifies AIS Merger Proposal Amid Shareholding Shift

2:12am on Monday 2nd of June, 2025 AEST Industrial Engineering
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Matrix Composites Clarifies AIS Merger Proposal Amid Shareholding Shift

2:12am on Monday 2nd of June, 2025 AEST
Key Points
  • Proposed merger involves Matrix acquiring AIS shares via new Matrix shares issuance
  • Post-merger shareholding: AIS shareholders to hold ~80%, Matrix shareholders ~20%
  • AIS is privately owned, complicating valuation and premium assessments
  • Matrix Board refrains from commenting on transaction value or premium
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