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Australia's IDP Education hits 6-month high on reviewing revised $571 million takeover bid

By Reuters News

** Shares of IDP Education IEL.AX rise 25.8% to A$2.78, their highest level since mid-May

** Shares on track for best day since August 2025, if gains hold

** The IELTS English-language exam co-owner says it is reviewing a revised takeover offer, after rejecting two previous ones, from Blackstone valuing the firm at about A$833.7 million ($571.17 million)

** Stock down 52.6% YTD, including moves in current session


($1 = 1.4596 Australian dollars)

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