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Ingenia rejects Warburg Pincus’ revised A$2.06b takeover bid

Ingenia Communities Group said it rejected Warburg Pincus’ second takeover attempt, offering A$5.05 cash per share for a total of A$2.06 billion.

INAPPC

47 billion) takeover bid from Warburg Pincus, the private equity firm’s second attempt to acquire the land-lease community operator. 3% above the prior offer.