NVT navitas limited
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News: NVT Australia's Navitas gets sweetened takeover bid from founder and private equity firm

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    15/01/19
    08:45
    Post #: 37114423

    Jan 15 (Reuters) - Australian adult education provider Navitas Ltd (NVT) on Tuesday received a sweetened A$2.09 billion ($1.50 billion) buyout offer from a consortium of its founder and a private equity firm.

    The new proposal values the company at A$5.825 per share, higher than the A$5.50 bid made by the consortium last year.

    ($1 = 1.3895 Australian dollars)

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