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.