Jan 19 (Reuters) - Australian waste management company Bingo Industries on Tuesday said it received a cash buyout offer from a consortium led by private equity firm CPE Capital, valuing the firm at A$2.29 billion ($1.76 billion).

Bingo shareholders will get A$3.50 per share, representing a nearly 28% premium to the stock's last close, the company said in a statement. ($1 = 1.3017 Australian dollars) (Reporting by Sameer Manekar in Bengaluru; Editing by Nick Zieminski)