Thoughts On An Ingenia (INA AU) / Lifestyle (LIC AU) Merger
Reportedly, Ingenia Communities (INA AU) and Lifestyle Communities (LIC AU) - companies which provide low-cost housing needs for working, semi-retired, and/or retired people - are mulling a merger.
Part of the rumourmill pivots off of the fact Lifestyle will release its 1H25E results after market on the 24th Feb, shortly ahead of Ingenia's own release the following morning.
Lifestyle's share price remain 25% adrift of levels shortly ahead of a July 2024 ABC report alleging excessive exit fees.
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