QIP 0.00% $1.74 qantm intellectual property limited

Ann: Pause in Trading, page-2

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  1. 22,833 Posts.
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    AFR says they have attracted bidders
    Deal seems to have bern done

    Street Talk can reveal QANTM has received a privatisation proposal, in a deal expected to be announced on Tuesday.

    Sources said the Investec-advised acquirer is an offshore trade player, and had all but agreed terms with the Sonia Petering-chaired board.

    Of note, Quadrant Private Equity deal makers and their cross-town rivals at Adamantem Capital submitted proposals to acquire QANTM, but were bested by the afore-mentioned suitor.

    Last edited by Tarvold: 27/02/24
 
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