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via businessnews.com.auCapital Markets

Ingenia suitor raises bid, again

FROM THE WIRE · BUSINESSNEWS.COM.AU

Another development has emerged in the takeover battle for Ingenia Communities Group after bidder Avid Property Group matched rival Warburg Pincus’ $2.28 billion proposal.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe takeover battle for Ingenia Communities, at $2.28 billion, is relevant for the property sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Avid Property Group matched rival Warburg Pincus's $2.28 billion proposal.
  2. 02The takeover battle for Ingenia Communities Group has another development.
  3. 03Warburg Pincus is the rival bidder in the contest.

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