Jan 15 (Reuters) - Navitas Ltd NVT.AX :
* RECEIVES REVISED NON-BINDING PROPOSAL FROM BGH CONSORTIUM AT $5.825 PER SHARE
* BOARD INTENDS TO RECOMMEND DEAL TO SHAREHOLDERS
* BGH CONSORTIUM TO BE GRANTED EXCLUSIVE DUE DILIGENCE UNTIL NO LATER THAN 18 FEBRUARY 2019, SUBJECT TO NO SUPERIOR PROPOSAL EMERGING
* INTEND TO UNANIMOUSLY RECOMMEND REVISED PROPOSAL TO SHAREHOLDERS
* NAVITAS AND BGH CONSORTIUM HAVE EXECUTED A PROCESS AND CONFIDENTIALITY DEED