Mergers & AcquisitionsMedium•6 November 2026•
1 min read
Warburg Pincus Raises Ingenia Takeover Bid to $3.2 Billion
Key Facts
1Warburg Pincus submitted its fifth bid for ASX-listed Ingenia at an enterprise value of approximately $3.2 billion.
2The offer price was raised to $5.55 per share to outbid a rival proposal from Avid Property Group.
Warburg Pincus submitted its fifth bid for ASX-listed Ingenia at an enterprise value of approximately $3.2 billion. AFR reported that the offer price was raised to $5.55 per share to outbid a rival proposal from Avid Property Group.
The move follows a protracted bidding war for control of Ingenia, which operates land lease housing estates and holiday parks. The latest proposal values the company at approximately $2.3 billion on an equity basis as private equity firms compete to secure the Australian housing provider.