Brief: IDP Education Rejects Unsolicited Indicative Proposal From Blackstone On Sept 9
22/09/2026 11:30
BRIEF-IDP Education Rejects Unsolicited Indicative Proposal From Blackstone On Sept 9 Sept 22 (Reuters) - IDP Education Limited IEL.AX:
REJECTS UNSOLICITED INDICATIVE PROPOSAL FROM BLACKSTONE ON SEPT 9, 2026
BLACKSTONE PROPOSED ACQUISITION OF IDP AT A$2.50 CASH PER SHARE
PREVIOUSLY REJECTED BLACKSTONE PROPOSAL AT A$2.30 CASH PER SHARE
BOARD REJECTS INDICATIVE PROPOSAL CITING UNDERVALUATION
Further company coverage: IEL.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on IDP Education
See all newsAustralia's IDP Education slips after rejecting Blackstone's $494 million bid
Australia's IDP Education slips after rejecting Blackstone's $494 million bid
Deals of the day-Mergers and acquisitions
Brief: IDP Education Rejects Unsolicited Indicative Proposal From Blackstone On Sept 9
Deals of the day-Mergers and acquisitions