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IPH LIMITED — M&A Activity 2019
Mar 18, 2019
65137_rns_2019-03-18_666dd49e-18bd-40c8-be91-d81f274891d9.pdf
M&A Activity
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ASX Announcement
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19 March 2019
QANTM NOTES XENITH ANNOUNCEMENT
QANTM Intellectual Property Limited ( QANTM ) notes the announcement today by Xenith IP Group Limited ( Xenith ) in relation to the proposal by IPH Limited, announced on 12 March 2019, to acquire Xenith by way of a scheme of arrangement (the IPH Proposal ).
The announcement notes that the Xenith Board has formed a view that the IPH Proposal is not a Superior Proposal, and that the Xenith Board continues to recommend the proposed merger between Xenith and QANTM.
The QANTM Board also reiterates its support for the merger between QANTM and Xenith, which has compelling financial, strategic, cultural and operational benefits.
For further information, please contact:
QANTM Intellectual Property Limited
Leon Allen Managing Director and CEO
Martin Cleaver CFO and Company Secretary
Tel: +61 3 9254 2806 www.qantmip.com
Media:
Max Hewett GRACosway on behalf of QANTM Tel: +61 (0) 432 332 215
About QANTM Intellectual Property
QANTM Intellectual Property Limited (“QANTM” ASX: QIP) is the owner of leading intellectual property (IP) businesses operating in Australia, New Zealand, Singapore and Malaysia under three key brands - Davies Collison Cave, FPA Patent Attorneys and Advanz Fidelis IP Sdn Bhd. With 150 highly qualified professionals and over 270 years’ combined history, the QANTM Group has a strong track record in providing IP services to a broad range of Australian and international clients, ranging from start-up technology businesses to Fortune 500 multinationals, public research institutions and universities. The company also provides services in relation to patents, designs and trademarks and through DCC, a litigation service in relation to patent and trade mark protection.
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