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Warburg Pincus raises Ingenia bid as AVID faces a fresh challenge
9:56am on Wednesday 28th of October, 2026 AEDT
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Real Estate
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Warburg Pincus raises Ingenia bid as AVID faces a fresh challenge
9:56am on Wednesday 28th of October, 2026 AEDT
Key Points
Warburg Pincus raises its proposal by $0.10 to $5.45 per stapled security
Total consideration could reach $5.50 with a permitted distribution of up to $0.05
AVID must submit a matching or superior counterproposal by 1 November 2026
Warburg Pincus proposal remains non-binding and subject to financing, approvals and due diligence
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