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AIH’s Bold $0.40 Bid for MCE Signals Major Move in Subsea Market
8:02pm on Monday 30th of March, 2026 AEDT
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Industrial Manufacturing
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AIH’s Bold $0.40 Bid for MCE Signals Major Move in Subsea Market
8:02pm on Monday 30th of March, 2026 AEDT
Key Points
AIH offers $0.40 per MCE share, a 65-71% premium over recent prices
Proposal hinges on due diligence, regulatory approvals, and board consent
Call option deeds secured for 19.9% of MCE shares pending FIRB approval
Acquisition aligns with AIH’s strategy to lead in technical buoyancy and subsea ancillaries
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ADVANCED INNERGY HOLDINGS (ASX:AIH)
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