The Ingenia Communities Group share price is under the spotlight after the company said it received a further revised takeover proposal from Warburg Pincus.
The Ingenia board is still evaluating the Warburg Pincus proposal with help from its financial and legal advisers.
Over the past 12 months, Ingenia Communities shares have declined 17%, trailing the S&P/ASX 200 Index, which has declined 2% over the same period.
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The Ingenia Communities Group share price is under the spotlight after the company said it received a further revised takeover proposal from Warburg Pincus.
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The article, shortened and in plain language
The Ingenia Communities Group share price is under the spotlight after the company said it received a further revised takeover proposal from Warburg Pincus. The proposal values Ingenia at $5.25 per stapled security, up from two previous non-binding offers.
The Ingenia board is still evaluating the Warburg Pincus proposal with help from its financial and legal advisers.
The board will continue to update investors as it evaluates the proposal.
Over the past 12 months, Ingenia Communities shares have declined 17%, trailing the S&P/ASX 200 Index, which has declined 2% over the same period.
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