Ingenia Communities Group

INA: XASX (AUS)
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Ingenia: Rejects Private Equity's Revised Takeover Offer

Ingenia has received a revised 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 5.05 cash per stapled security, less any dividends. Ingenia's board has rejected the offer.

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