Business

Ingenia rejects $2bn Warburg cash bid tied to dumping $992m takeover of Perth property stalwart Peet

The West Australian 2 h

Australia

Ingenia rejects $2bn Warburg cash bid tied to dumping $992m takeover of Perth property stalwart Peet — Sources: The West Australian

Ingenia has knocked back a near-$2b cash approach from Warburg Pincus that came with one striking condition: walk away from Perth property developer Peet.

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