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INA — Ingenia Communities News Story

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Brief: Ingenia Communities Announces Receipt Of Further Revised Non-Binding Indicative Offer

BRIEF-Ingenia Communities Announces Receipt Of Further Revised Non-Binding Indicative Offer

- Ingenia Communities Group INA.AX:

  • RECEIPT OF FURTHER REVISED NON-BINDING INDICATIVE OFFER

  • RECEIVES FURTHER REVISED NON-BINDING INDICATIVE PROPOSAL FROM WARBURG PINCUS

  • WARBURG PINCUS PROPOSES TO BUY INGENIA AT A$5.25 CASH PER STAPLED SECURITY

  • PROPOSAL CONDITIONAL UPON INGENIA BOARD AGREEMENT BY 2 OCTOBER 2026

  • WARBURG PINCUS DUE DILIGENCE ON INGENIA EXPECTED TO REQUIRE 6-8 WEEKS

  • PROPOSAL CONDITIONAL ON SECURING BINDING ACQUISITION DEBT FINANCE COMMITMENTS

  • PROPOSES FOUR WEEKS OF HARD EXCLUSIVITY FOLLOWED BY FIDUCIARY OUT PERIOD

Further company coverage: INA.AX


((Reuters.Briefs@thomsonreuters.com;))

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