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Ingenia Soars on Fresh $1.6 Billion Takeover Bid From AVID

Source: Bloomberg

M&A & RestructuringHousing & Real EstateCorporate Guidance & Outlook

Ingenia Communities Group shares soared after AVID Property Group Holdings made a takeover bid, intensifying a bidding war for the Australian retirement-living accommodation owner. The article gives no bid value or share-price gain.

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