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Peet clears key Flagstone hurdle as Ingenia takeover advances
9:37am on Friday 6th of November, 2026 AEDT
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Property
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Peet clears key Flagstone hurdle as Ingenia takeover advances
9:37am on Friday 6th of November, 2026 AEDT
Key Points
Flagstone JV implementation deed executed
BNI to acquire 49.9% interest at $615 million inventory value
Ingenia to retain 50.1% and oversee the combined group’s development management
Transaction advances a condition precedent to Ingenia’s proposed Peet takeover
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