June 10 (Reuters) - IPH Ltd IPH.AX :
* AJ PARK TO ACQUIRE BUSINESS OF BALDWINS INTELLECTUAL PROPERTY
* TOTAL PURCHASE CONSIDERATION FOR ACQUISITION IS APPROXIMATELY NZ$7.9 MLN
* DEAL TO BE EFFECTED BY UNIT AJ PARK IP BUYING PATENT ATTORNEY BUSINESS OF BALDWINS & BENEFIT OF BALDWINS' LEGAL BUSINESS
* INITIAL PURCHASE CONSIDERATION TO BE SETTLED ABOUT 65% IN CASH, ABOUT 35% IN NEW IPH SHARES