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Matrix Composites Eyes Future as Advanced Innergy Proposes $0.40 Per Share Bid
8:02pm on Monday 30th of March, 2026 AEDT
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Manufacturing
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Matrix Composites Eyes Future as Advanced Innergy Proposes $0.40 Per Share Bid
8:02pm on Monday 30th of March, 2026 AEDT
Key Points
Non-binding indicative acquisition proposal at $0.40 per share
Proposal subject to due diligence, regulatory approvals, and documentation
Advanced Innergy holds call options over 19.9% of Matrix shares
Matrix board currently assessing the proposal with advisers
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MATRIX COMPOSITES & ENGINEERING (ASX:MCE)
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