KM Financial Solutions | UPDATE 1-Australia’s Navitas spurns $1.4 bln takeover bid
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UPDATE 1-Australia’s Navitas spurns $1.4 bln takeover bid

UPDATE 1-Australia’s Navitas spurns $1.4 bln takeover bid

Australian tuition provider Navitas Ltd
said on Monday it had rejected a $1.4 billion takeover
offer from its co-founder and private equity firm BGH because it
undervalued the company.

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