M&A
confidence medium
sentiment neutral
materiality 0.35
GSTX signs non-binding MOU to acquire Henosis shares in Ausquartz Group
Graphene & Solar Technologies Ltd
- MOU with Henosis Ltd for GSTX to acquire Henosis' shareholding in Ausquartz Group Holdings.
- Ausquartz produces High Purity Quartz Sand and crucibles for solar and semiconductor wafers.
- Parties to proceed to definitive agreement within 90 days after due diligence.
- MOU is non-binding; no financial terms or deal size disclosed.