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AVID matches Warburg as Ingenia takeover contest enters decisive phase
8:22am on Monday 2nd of November, 2026 AEDT
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AVID matches Warburg as Ingenia takeover contest enters decisive phase
8:22am on Monday 2nd of November, 2026 AEDT
Key Points
AVID raises its proposal to $5.45 per stapled security
Total AVID consideration could reach $5.50 including the permitted distribution
Ingenia terminates Warburg Pincus’s due diligence access
AVID proposal remains non-binding and has not been recommended
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