Australia's Navitas agrees to $1.49b takeover offer from founder, PE firm

Australia's Navitas agrees to $1.49b takeover offer from founder, PE firm

Sydney, Australia. Photo by Liam Pozz on Unsplash

Australian adult education provider Navitas Ltd on Thursday said its board would recommend shareholders accept a A$2.09 billion ($1.49 billion) takeover offer by a consortium comprising its founder and a private equity firm.

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