IPH moves to acquire QANTM

IPH moves to acquire QANTM IPH Limited has submitted a non-binding proposal to acquire QANTM Intellectual Property Limited, with what the former calls a “significant premium” on that being offered by other interested parties. After the market closed yesterday (Tuesday, 7 May), QANTM received an unsolicited non-binding indicative proposal from IPH to acquire all its shares by way of scheme of arrangement for 0.291 IPH shares and a fully franked special dividend of up to $0.11 cash per QANTM share. …