Ingenia Communities Group
INA: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| c.K | LOCK|xT | LOCK|<&L$#RG |
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.
