Equity Analyst, Event-driven, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst, Event-driven

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<p>Australia-based medical equipment suppliers <a href="https://www.smartkarma.com/entities/paragon-care-ltd" target="_blank" data-smartkarma-citation="entities:11145:1" rel="noopener">Paragon Care (PGC AU)</a> and <a href="https://www.smartkarma.com/entities/quantum-energy-ltd" target="_blank" data-smartkarma-citation="entities:9494:1" rel="noopener">Quantum Health (QTM AU)</a> announced today they had entered into a Scheme Implementation Deed according to which Paragon would acquire 100% of Quantum in an all-scrip Deal. </p><p>Quantum Shareholders will receive 0.243 Paragon Shares per Quantum Share. Following the completion of the Deal, Quantum will be delisted and Paragon will be the surviving company. </p><p>The Deal is conditional on the receipt of Quantum Shareholder approval and the completion date is expected to be in February 2022.</p><p><em>More below the fold. </em></p><hr><div><div class="content-remarks"><p><em>For more information about M&amp;A rules, regulations, and practices in Australia, please refer to <a href="https://www.smartkarma.com/insights/quiddity-australia-m-a-guide-2019" target="_blank" data-smartkarma-citation="insights:30118" rel="noopener">Quiddity Australia M&amp;A Guide 2019</a> and <a href="https://www.smartkarma.com/insights/quiddity-m-a-australia-foreign-investment-reforms" target="_blank" data-smartkarma-citation="insights:40210" rel="noopener">Quiddity M&amp;A: Australia Foreign Investment Reforms</a> </em></p></div></div>

Australia-based medical equipment suppliers Paragon Care (PGC AU) and Quantum Health (QTM AU) announced today they had entered into a Scheme Implementation Deed according to which Paragon would acquire 100% of Quantum in an all-scrip Deal. Quantum Shareholders will receive 0.243 Paragon Shares per Quantum Share. Following the completion of the Deal, Quantum will be delisted and Paragon will be the surviving company. The Deal is conditional on the receipt of Quantum Shareholder approval and the completion date is expected to be in February 2022.More below the fold. For more information about M&amp;A rules, regulations, and practices in Australia, please refer to Quiddity Australia M&amp;A Guide 2019 and Quiddity M&amp;A: Australia Foreign Investment Reforms 

Paragon - Quantum: All Scrip Merger Could Be a Done Deal

Australia

Quantum Health Group Limited distributes medical equipment. The Company offers medical equipment for radiology, oncology, nuclear medicine, and women's healthcare markets. It also manufactures energy saving heat pump technology used for heating and cooling systems. The Company markets its products in Australia and New Zealand.

Quantum Health Group (QTM AU)

Paragon - Quantum: All Scrip Merger Could Be a Done Deal

Australia-based medical equipment suppliers Paragon Care and Quantum Health are merging in an all-scrip deal. The business combination is expected...

Janaghan Jeyakumar, CFA