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IDP Education rejects Blackstone’s sweetened AUD695m bid,

IDP Education, the Australian education and testing company that co-owns the IELTS English-language examination, has rejected a sweetened AUD695m takeover proposal from Blackstone, according to a…

  • Australian education company IDP Education rejects AUD695m Blackstone bid
  • Board deems offer inadequate, undervaluing company
  • IDP's financial performance deteriorated by 90% over two years

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