- Xenith IP Group Limited
IPH Limited’s (ASX: IPH) proposed acquisition of Xenith IP Group Limited (ASX: XIP) and completed acquisition of a 19.9 per cent stake in Xenith.
Submissions are invited from interested parties on the proposed acquisition of Xenith by IPH. The ACCC is also seeking views on IPH’s acquisition of a 19.9 per cent interest in Xenith.
The closing date for submissions is 15 March 2019. Submissions should be forwarded electronically (preferably in PDF format) to firstname.lastname@example.org with the title: ‘Submission re: IPH/Xenith– attention Georgia Zele/Stella Leung.’
Following 15 March 2019, queries regarding the ACCC’s review may be addressed to Georgia Zele/Stella Leung at email@example.com.
On 12 March 2019, IPH announced it had lodged a formal scheme proposal to acquire Xenith and requested that the ACCC cease its review of QANTM as an alternative target. For more details, please refer to the attached updated market inquiries letter.
|22/02/2019||ACCC commenced review under the Merger Process Guidelines.|
|15/03/2019||Closing date for submissions from interested parties.|
|02/05/2019||Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).|
- Georgia Zele
- Stella Leung