June 6 (Reuters) - Mercantile Investment Company Ltd (MVT) :
- UNIT ENTERED INTO A MERGER IMPLEMENTATION AGREEMENT WITH IPE LIMITED
- MERCANTILE INVESTMENT -UNIT ENTERED MERGER IMPLEMENTATION AGREEMENT WITH IPE TO ACQUIRE 100% OF FULLY PAID ORDINARY SHARES OF IPE NOT ALREADY HELD
- OFFER IS UNANIMOUSLY RECOMMENDED BY BOARD OF IPE IN ABSENCE OF A SUPERIOR OFFER
