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Why Did Matrix Composites Reject AIS’s 80% Merger Offer?
2:21pm on Tuesday 3rd of June, 2025 AEST
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Industrial Engineering
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Why Did Matrix Composites Reject AIS’s 80% Merger Offer?
2:21pm on Tuesday 3rd of June, 2025 AEST
Key Points
Matrix rejects AIS reverse merger proposal
Proposed shareholding split seen as unfair to Matrix shareholders
Merger highly conditional on significant capital raising
Matrix confident in standalone growth and capital strength
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