Ingenia Communities Group
INA: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^.? | LOCK|$N | LOCK|$&@dYnj |
Ingenia: Avid Now the Leading Bidder After Matching Warburg Pincus' Proposal
Avid has exercised its matching right, as permitted in the process deed with Ingenia. It has provided Ingenia with a revised nonbinding indicative proposal for 100% of Ingenia's securities for AUD 5.45 cash per security, and a permitted half-year dividend of up to AUD 0.05 per security.
