Warburg amends takeover proposal for Ingenia after AVID matches bid

Warburg Pincus has amended its takeover proposal for Australia's Ingenia Communities Group ASX:INA while keeping the deal value unchanged at A$2.24 billion ($1.56 billion) after rival bidder AVID Property Group matched the US-based firm's bid.Here are some details:($1 = 1.4353 Australian dollars)