Australia's Bingo gets $1.8b buyout offer from CPE Capital-led group

Australia's Bingo gets $1.8b buyout offer from CPE Capital-led group

Photo: Reuters

Australia’s Bingo Industries said on Tuesday it had received a A$2.29 billion ($1.8 billion) cash buyout offer from a consortium led by private equity firm CPE Capital, sending the waste management firm’s shares to an 11-month high.