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Can IDP Education (ASX:IEL) Hold Its Rebound After Rejecting Blackstone?

Can IDP Education (ASX:IEL) Hold Its Rebound After Rejecting Blackstone?

Highlights

  • IDP Education’s board rejected an improved Blackstone takeover proposal as opportunistic.
  • The shares jumped sharply on the news, lifting off record lows set after the August result.
  • The chart now shows a rebound running into resistance below the indicative offer price.

IDP Education
(ASX:IEL)


Consumer Defensive


Idp Education Ltd (ASX:IEL)



2.04
AUD

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