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Insignia Financial, Bain Capital
Insignia Financial Gets $1.8 Billion Takeover Proposal From CC Capital Partners
Australian wealth manager Insignia Financial has received a takeover proposal worth about $1.8 billion from private investment firm CC Capital Partners.
Insignia Financial gets $1.8bn buyout bid from CC Capital
The latest offer is contingent on satisfactory due diligence, a unanimous board recommendation, and regulatory approvals.
Another US firm eyes Insignia takeover with $2.9bn offer
Insignia Financial has announced that a second US firm has made a takeover bid, coming in over the top of Bain Capital’s rejected offer.
Australia's Insignia gets $1.8 billion bid from CC Capital, topping Bain offer
By Scott Murdoch and Shivangi Lahiri SYDNEY (Reuters) -Insignia Financial shares shot to a three-year high on Monday after it revealed a A$2.87 billion ($1.78 billion) takeover bid from U.S.-based investment manager CC Capital Partners,
Insignia Financial: Gets Nonbinding Proposal From CC Capital Partners
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.
Australia's Insignia Financial gets $1.78B takeover offer from CC Capital
Australian money manager Insignia Financial (OTCPK:IOOFF) received a takeover offer of A$4.30 per share from CC Capital Partners. This offer is 7.5% higher than Bain Capital's (BCSF) previous bid of A$4.
2d
Ex-Blackstone Dealmaker Chu Bids $1.8 Billion for Insignia
Australian wealth manager Insignia Financial Ltd. has received a A$2.9 billion ($1.8 billion) takeover offer from CC Capital ...
Independent Financial Adviser
9h
Insignia bidding war highlights firm was ‘undervalued’: Morningstar
The battle to acquire control of Insignia Financial has seen its share price jump around 35 per cent in less than a month, with Morningstar arguing the firm has been undervalued.
Pensions&Investments
1d
Buyout firms chase slice of Australia’s $2.5 trillion supers system
Insignia manages A$319 billion across its sprawling portfolio. That includes billions in retirement savings across a range of ...
Galion Inquirer
2h
Robison promoted to petty officer 3rd class
Fire Controlman Aegis 2nd Class Seth Helmer, of Payson, Arizona, pins the Petty Officer 3rd Class insignia on Fire Controlman ...
InvestmentNews
2d
Family office of former Blackstone rainmaker bids for wealth manager
The family office set up by a 25-year veteran and former head of private equity at Blackstone has launched a takeover bid for ...
3d
ASX flat after ‘holiday hangover’; Insignia shares surge
The Australian sharemarket is tipped to start the week with a spring in its step after US finally dived in to buy the dip in ...
4d
Big Savings Alert: Insignia 32-Inch Smart Fire TV Is 38% Off on Amazon
This compact 32-inch Fire TV is now just $79.99, saving you $50, with built-in Alexa and access to all your favorite ...
professionalplanner.com.au
2d
US private equity ups ante on Insignia in new $2.9b bid
Insignia Financial has received another non-binding bid from a US-based private equity firm – this time by CC Capital – for a ...
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