> Total purchase consideration for the transaction is approximately CAD 110.6m (approximately AUD 124m)
> The transaction is IPH’s third acquisition in Canada, further expanding the group’s presence in the North American region and as a leading international IP services group
> ROBIC will operate as IPH’s 7th IP services brand
> ROBIC is one of Canada’s leading IP firms and the largest in Quebec
> ROBIC is a well-known Canadian IP firm, with a team of approximately 220 high quality staff located in Quebec
> In 2022, ROBIC filed in excess of 3,000 patents and 1,500 trade marks for its clients which include large multi-national corporations, universities, government agencies, start-ups and individual inventors
> The transaction is expected to be underlying EPS accretive in the first full year of ownership
> The transaction structure and consideration achieves ongoing alignment between vendor partners and the group including via share issuance and minimum term employment agreements (generally for four years)
> The transaction is expected to be completed in mid December
And the expansion, positive to earnings continues
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Last
$5.20 |
Change
0.040(0.78%) |
Mkt cap ! $1.354B | |||
| Open | High | Low | Value | Volume |
| $5.16 | $5.26 | $5.13 | $3.550M | 680.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2997 | $5.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.25 | 5400 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| IPH (ASX) Chart |