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IPH LIMITED — M&A Activity 2019
Mar 11, 2019
65137_rns_2019-03-11_7c3f76d2-a04b-4f30-a2bf-1b8f4e94aac8.pdf
M&A Activity
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12 March 2019
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XENITH IP GROUP LIMITED (ACN 607 873 209) ASX ANNOUNCEMENT
Xenith receives proposal from IPH
Xenith IP Group Limited ( Xenith ) confirms that it has received a proposal from IPH Limited, under which IPH would acquire 100% of Xenith via a scheme of arrangement ( IPH Proposal ).
Xenith is currently reviewing the IPH Proposal, in conjunction with its advisors.
Xenith notes that its proposed merger with QANTM Intellectual Property Limited ( QANTM ) remains on foot.
Xenith will keep its shareholders and the market updated about the IPH Proposal and the status of its proposed merger with QANTM.
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For further information
Richard Newsome Cicero Communications Ph: 0402 056 047 [email protected]
About Xenith
Xenith IP Group Limited (ASX: XIP) is the holding company for the businesses of Griffith Hack, Shelston, Watermark and Glasshouse Advisory and their related corporate entities. The Group's core business is to provide a comprehensive range of IP services including identification, registration, management, valuation, commercialisation and enforcement of IP rights for a global client base including Fortune Global 500 companies, multinational, domestic and foreign corporations, research institutes, educational institutions, SMEs and entrepreneurs.
Xenith IP Group Limited ACN 607 873 209 ASX Code: XIP
P: +61 2 9057 9100 Level 9, 60 Margaret Street, Sydney NSW 2000 www.xenithip.com