NVT navitas limited
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Oct 29 (Reuters) - Australian tuition provider Navitas Ltd...

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    29/10/18
    08:55
    Post #: 36292711

    Oct 29 (Reuters) - Australian tuition provider Navitas Ltd (NVT) said on Monday it had spurned a $1.4 billion takeover offer from its co-founder and local private equity firm BGH because it undervalued the company.

    Navitas said in a statement that it was still willing to negotiate with BGH, but that would involve a detailed management presentation.

    Navitas said on Oct. 10 that it had received the takeover bid.

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