Ingenia Communities Group

INA: XASX (AUS)
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Ingenia: Rejects Lowball Nonbinding Indicative Proposal From Private Equity Firm

Ingenia has received an unsolicited, conditional, nonbinding indicative proposal from private equity firm Warburg Pincus. The offer is for 100% of Ingenia's securities via a scheme of arrangement for AUD 4.75 cash per security, less any dividends. Ingenia's board has rejected the offer.

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