Ingenia Soars on Fresh $1.6 Billion Takeover Bid From AVID

AVID Property Group Holdings announced a takeover bid for Ingenia Communities Group valued at 1.6 billion dollars. Ingenia owns retirement living accommodation across Australia. The bid follows previous interest in the company, indicating multiple parties are pursuing acquisition.

• Bloomberg — Ingenia Soars on Fresh $1.6 Billion Takeover Bid From AVID

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