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IVC ASX: InvoCare goes private as backlash against private equity buyout falls short

The country’s largest funeral home operator will be delisted from the ASX in November despite a 19 per cent vote against the $1.8 billion TPG Capital buyout.

ASX 200 LIVE: ASX opens flat; InvoCare board backs $1 8b TPG offer, China CPI ahead

Shares flat; CBA gains offset declines in healthcare. ResMed, CSL drops; Suncorp misses estimates; China’s CPI and PPI falls. Follow updates here.

TPG s InvoCare takeover proposal (almost) a done deal at $12 70

The private equity firm and its funeral services provider target have agreed to terms for a binding offer, with only small details to be finalised.

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