QIP
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Company News
Market wrap: banks drag ASX 200 lower but miners provide strength
Investors continued to bail out of bank stocks, dragging the ASX 200 index lower despite some positive news for the big miners on the back of a stronger copper price. The strong rally in bank share prices that saw most of them hit multi-year highs just a week ago is nothing but a memory now, […]
Qantm Intellectual Property fields $254m takeover bid from Adamantem Capital
Qantm Intellectual Property (ASX: QIP) has received a non-binding indicative takeover offer from Australian-based private equity investor Adamantem Capital. The company confirmed the news this morning in response to recent media speculation. Under the terms of the proposed deal, Adamantem will acquire all of Qantm’s shares at a price of $1.187 each by way of […]
IPH poised to disrupt merger plans after purchasing $33m stake in takeover target Xenith IP
Intellectual property law firm IPH Limited (ASX: IPH) has purchased a 19.9% stake in Xenith IP Group (ASX: XIP) and has indicated it plans to vote against the company’s friendly merger with Qantm Intellectual Property (ASX: QIP). IPH informed shareholders today of the purchase of the equity interest in smaller intellectual property law firm Xenith, […]
Qantm and Xenith merge to create multi-million dollar intellectual property group
Melbourne-based Qantm Intellectual Property (ASX: QIP) will join forces with Xenith IP Group (ASX: XIP) in a $285 million merger which is expected to create an “industry leading” group of independent IP businesses servicing markets in Australia, New Zealand and Asia. The two companies will merge in April 2019 to create a single IP services […]
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