IDP Education Rejects Unsolicited Indicative Proposal From Blackstone On Sept 9

By Reuters News

- IDP Education Limited IEL.AX:

  • REJECTS UNSOLICITED INDICATIVE PROPOSAL FROM BLACKSTONE ON SEPT 9, 2026

  • BLACKSTONE PROPOSED ACQUISITION OF IDP AT A$2.50 CASH PER SHARE

  • PREVIOUSLY REJECTED BLACKSTONE PROPOSAL AT A$2.30 CASH PER SHARE

  • BOARD REJECTS INDICATIVE PROPOSAL CITING UNDERVALUATION


Further company coverage: IEL.AX

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk