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News: IPH IPH reached agreement to acquire AJ Park by acquisition of its patent attorney business

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    Oct 11 (Reuters) - Iph Ltd (IPH)

    • Reached agreement to acquire AJ Park by an acquisition of its patent attorney business for about NZ$66.1 million
    • Consideration to be settled about 60 pct in cash & about 40 pct in new IPH shares
    • Cash element of transaction to be funded in USD denominated debt
 
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