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Bain Capital has upped its offer to acquire Australia’s Insignia Financial Ltd., proposing a bid exceeding $1.9 billion. The revised bid matches an offer made just days earlier by CC Capital Partners, ...
Insignia Financial's shares hit a three-year high on Thursday, driven by a revised takeover offer of A$3.07 billion ($1.92 ...
The proposal compares with a prior offer of A$4.30 per share, made by CC Capital and matched by Bain earlier this week.
Australia's Insignia Financial said on Friday it has received a revised offer from U.S.-based CC Capital Partners to acquire the money manager for A$3.07 billion ($1.91 billion). The bidding war for ...
SYDNEY—Insignia Financial on Monday said Bain Capital has matched a US$1.8 billion takeover offer by CC Capital Partners, intensifying a tussle for control of the Australian wealth manager.
Credit: ARMMY PICCA /Shutterstock. US-based Bain Capital has increased its takeover bid for Australian wealth manager Insignia Financial to A$2.87bn ($1.76bn). The offer matches the indicative ...
After its initial advances were rejected in December, Bain has returned to ASX-listed Insignia with a $4.30 per share offer that values the wealth manager at $2.9bn, matching that made by peer CC ...