Australia's Ingenia extends gain after rejecting Warburg Pincus bid

Ingenia Communities

22/09/2026 01:23

** Shares of Ingenia Communities Group INA.AX rise as much as 4.3% to A$4.535, their highest level since August 7
** Co on Monday rejected A$2.06 billion ($1.47 billion)takeover bid from Warburg Pincus; said it remained open to considering proposals
** Shares closed 0.7% higher on Monday
** YTD, INA shares down 12.4%

($1 = 1.4047 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))