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Ingenia rejects A$1.9 billion Warburg Pincus takeover proposal

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  • Ingenia Communities Group rejected Warburg Pincus' unsolicited takeover proposal.
  • Warburg Pincus offered A$4.75 per issued security, valuing Ingenia at about A$1.9 billion.
  • The proposal required due diligence, regulatory approvals and unanimous board support.
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Ingenia rejects A$1.9 billion Warburg Pincus takeover proposal - CoinPost Terminal