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Ingenia Communities takeover battle reaches A$5.50 as AVID matches Warburg Pincus while Peet deal remains alive

Ingenia Communities has received a matching takeover proposal from AVID Property Group, bringing potential consideration to A$5.50 per stapled security and ending Warburg Pincus's current due diligence access. The company has not recommended either proposal and continues pursuing its separate acquisition of Peet Limited.