IPH Ltd. (AU:IPH) has released an update.
IPH Ltd. has announced the strategic acquisition of Canadian IP firm Bereskin & Parr for CAD 82.5 million, aiming to strengthen its position in the Canadian IP market and enhance its service offerings. The deal will be financed through an AUD 100 million equity raise, expected to be accretive to earnings per share. This marks IPH’s fourth major move in Canada, furthering its growth strategy and consolidating its presence in the region.
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