Ingenia rejects Warburg Pincus' revised $1.5 bln takeover bid
Australia's Ingenia Communities Group on Monday rejected a A$2.06 billion ($1.47 billion) takeover bid from Warburg Pincus, the private equity firm's second attempt to buy the land-lease community operator. Warburg's latest offer, at A$5.05 cash per share, is nearly 6.3% higher than its previous A$1.94-billion offer, a