Matrix Composites & Engineering exits ASX after $90 million takeover approval
Matrix Composites & Engineering is set to exit the Australian Securities Exchange after shareholders approved a $90 million takeover by Advanced Innergy Holdings. A remarkable 99.8 percent of votes supported the deal during a recent vote. The acquisition aims to strengthen production capabilities at Matrix's Henderson facility, with an expected completion date of July 24.
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Published 06 Jul 2026, 07:11 UTC · Updated 06 Jul 2026, 07:20 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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