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Australia's Ingenia gains after rejecting Warburg Pincus bid

Shares of Ingenia Communities Group rose as much as 4.3% to A$4.535, their highest level since August 7, after the company rejected a A$2.06 billion takeover bid from Warburg Pincus on Monday.

INA.AX

47 billion) takeover proposal from Warburg Pincus and said it remained open to proposals. 4% year to date. 4047 Australian dollars)