On 22 September 2026, international education services provider IDP announced to the Australian Securities Exchange that it had received and rejected a takeover proposal from Blackstone Singapore on behalf of related funds. Capital Brief also reported the development that day.

Key figures and time

IDP received a non-binding, indicative cash proposal of A$2.50 per share on 9 September for all its shares. An earlier proposal of A$2.30 per share had also been rejected. The confirmation announcement was issued on 22 September; that is not the date the proposal was received.

Background and main changes

The board said the proposal did not reflect the company’s value and transformation potential. This is the board’s assessment, not an independent valuation. The proposal also had conditions including due diligence and regulatory approvals. Blackstone has not acquired IDP through this rejected proposal.

Implications for Taiwanese students and families

Editorial analysis: Ownership news about an education services provider is separate from individual examination bookings, fees, application documents and consulting contracts. This announcement does not announce changes to those student services. Keep payment and application records and consult official notices if arrangements change; the takeover news does not establish an outcome for any student’s application or examination eligibility.

Sources & Image Credits

Picture: Jason7825 / Wikimedia Commons, released into the public domain; archive photograph, may be cropped for layout ； Licence terms 。