The firm reveals it has acquired a 4.9% stake in takeover target Qantm.
May 10, 2024 at 05:06 AM
2 minute read
Correspondent, Sydney
Australian law firm Thomson Geer has taken over a 23-member boutique construction and litigation firm in Western Australia. The firm reveals that it has also separately built a 4.9% stake in sharemarket-listed intellectual property firm Qantm Intellectual Property.
On Friday, Qantm said it has accepted a takeover bid, which values the company at $168 million (A$254 million), from private equity investor Adamantem Capital.
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