Ingenia Communities shares jump as it rejects sweetened $1.47 bln buyout bid
Shares of Australia's Ingenia Communities rose as much as 4.9% to A$4.53, their highest level since Aug 7, after the property developer rejected a revised indicative takeover proposal of A$2.06 billion ($1.47 billion) from Warburg Pincus. The sweetened offer of A$5.05 per stapled security is higher than the prior A$4.7