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AIH Moves to Acquire Matrix Composites for $0.40 a Share in Strategic Scheme

9:34am on Monday 20th of April, 2026 AEST Industrial Goods
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AIH Moves to Acquire Matrix Composites for $0.40 a Share in Strategic Scheme

9:34am on Monday 20th of April, 2026 AEST
Key Points
  • AIH offers $0.40 cash per MCE share via scheme
  • MCE board unanimously recommends scheme approval
  • Acquisition supports AIH’s Asia-Pacific subsea expansion
  • Deal subject to FIRB, court, shareholder, and market conditions
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