IVC invocare limited
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News: IVC Australia's InvoCare turns down $1.20 billion bid from TPG

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    27/03/23
    08:50
    Post #: 66969154

    March 27 (Reuters) - Australian funeral services provider InvoCare Ltd (IVC) said on Monday it had concluded that the A$1.81 billion ($1.20 billion) offer from U.S. private equity firm TPG Global failed to provide compelling value to its shareholders.

    InvoCare currently is not ready to grant TPG Global access to its books, it said

    ($1 = 1.5042 Australian dollars)

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