IPH Ltd. (AU:IPH) has released an update.
IPH Limited has proposed to acquire QANTM Intellectual Property Limited through a non-binding offer, presenting a scheme that includes a share exchange and a special dividend, totaling a value of $1.90 per QANTM share. This offer outbids a previous proposal by Adamantem and comes at a premium of 65.9% over QANTM’s undisturbed share price. The acquisition is projected to deliver strategic benefits such as improved shareholder value and expanded service offerings across the Asia Pacific region.
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