News: IVC TPG Global lowers buyout bid for Australia's Invocare to about $1.2 bln

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    Aug 9 (Reuters) - Australia's Invocare (IVC) said on Wednesday it had received a A$1.8 billion ($1.18 billion) offer from private equity firm TPG Global, down from the previous offer of about A$1.87 billion after exclusive due diligence.

    ($1 = 1.5309 Australian dollars)

 
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