Seeking Alpha·United States·Tuesday, September 22, 2026 at 10:48 AM

IDP Education rejects Blackstone’s improved A$695M takeover offer

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Manshi Mamtora

IDP Education (IDPUF) rejected an improved takeover proposal from Blackstone (BX) worth about A$694.7M ($493.8M), saying the A$2.50-a-share cash offer substantially undervalues the business.

Blackstone (BX) submitted the proposal on September 9, after IDP rejected an earlier A$2.30-a-share offer. The latest

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