Australia's Ingenia Communities receives $1.5 billion buyout bid from AVID Property Group
Sun 23:05
Australia's Ingenia Communities receives $1.5 billion buyout bid from AVID Property Group Oct 26 (Reuters) - Australia's Ingenia Communities INA.AX on Monday said it received a takeover proposal from AVID Property Group Holdings Pty, valuing the firm at A$2.20 billion ($1.54 billion).
($1=1.4241 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru; Editing by Clarence Fernandez)
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