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Ingenia takeover contest reaches $5.60 as AVID matches Warburg
9:57am on Tuesday 10th of November, 2026 AEDT
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Ingenia takeover contest reaches $5.60 as AVID matches Warburg
9:57am on Tuesday 10th of November, 2026 AEDT
Key Points
AVID lifts its proposal to $5.55 per stapled security
Total AVID consideration could reach $5.60 including the permitted distribution
Ingenia board says AVID offers an equal or superior outcome to Warburg’s proposal
Exclusivity under the AVID process deed now runs to 14 December 2026
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