Australia's InvoCare agrees to revised $1.2b buyout offer from TPG

Australia's InvoCare agrees to revised $1.2b buyout offer from TPG

Sydney, Australia. Photo by Liam Pozz on Unsplash

Australia’s InvoCare Ltd said on Wednesday it has agreed to a lower takeover offer from U.S. private-equity firm TPG Global, valuing the funeral service provider at A$1.8 billion ($1.18 billion) following exclusive due diligence.

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