Feb 13 (Reuters) - IPH Ltd (IPH) :
- ANNOUNCES ACQUISITION OF A STAKE IN XENITH
- HAS ACQUIRED AN EQUITY INTEREST OF APPROXIMATELY 19.9% IN XENITH IP GROUP LIMITED
- IPH INTENDS TO SEEK DISCUSSIONS WITH XENITH AND / OR QANTM IN RELATION TO AN ALTERNATIVE TRANSACTION TO CURRENT SCHEME.
- ACQUIRED INTEREST IN XENITH AT $1.85 PER SHARE AT A TOTAL COST OF APPROXIMATELY $33 MILLION WHICH HAS BEEN FUNDED FROM DEBT FACILITIES
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News: IPH IPH Announces Acquisition Of 19.9 Pct Stake In Xenith IP Group
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Mkt cap ! $1.578B |
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6 | 25069 | 5.950 |
2 | 6370 | 5.940 |
1 | 3489 | 5.930 |
1 | 534 | 5.920 |
Price($) | Vol. | No. |
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6.000 | 5688 | 3 |
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