Warburg Pincus Improves Ingenia Communities Takeover Proposal to A$2.28 Billion
Ingenia Communities said it received an improved takeover proposal from Warburg Pincus, valuing the Australian lifestyle housing developer at A$2.28 billion ($1.59 billion) and intensifying a bidding contest with rival suitor AVID.
Australia's Ingenia Communities ASX:INA said on Friday it had received an improved takeover proposal from private equity firm Warburg Pincus, valuing the lifestyle housing developer at A$2.28 billion ($1.59 billion) and intensifying a bidding contest with rival suitor AVID.Warburg Pincus' latest of…