Bain Capital, Insignia Financial

Australia's Insignia gets $1.8 billion bid from CC Capital, topping Bain offer
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,
CC Capital bids $2.9b for Insignia in private equity shootout
The New York-headquartered private equity firm lobbed a cash bid on Friday, trumping Bain Capital’s earlier offer.
Insignia Financial Stock Surges After $1.8B Bid from CC Capital
Insignia Financial stock hits a 3-year high after CC Capital offers a $1.8B bid. The deal could impact Australia’s $4.1T superannuation market.
Australia shares gain; Insignia jumps on $1.8bn buyout offer
Insignia Financial jumped as much as 11.3% to a nearly three-year high of A$3.94 after an A$2.87 billion takeover offer from CC Capital Partners at A$4.30. The offer is at a 7.5% premium to Bain Capital’s rejected bid of A$4 for the 178-year-old money manager.
CC Capital’s $2.9bn Insignia bid trumps Bain offer
The tug of war for control of ASX-listed wealth planner Insignia Financial has stepped up after CC Capital Partners lobbed a $2.9bn takeover bid for the firm, topping an earlier tilt by Bain Capital.
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.
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.
Brookfield assesses an Insignia bid as private equity suitors prepare for a potential showdown
Global investment giant Brookfield is actively weighing a bid for ASX-listed wealth group Insignia, despite the prospect of a ...
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Insignia: No truth to claims New York equity heavyweight has joined bidding war
While wealth manager Insignia Financials (ASX:IFL) is still privately fielding takeover approaches from U.S. private equity heavyweights, one supposed bid holds no water – the company hasn’t heard ...
Why Insignia, Rio Tinto, St Barbara, and Structural Monitoring shares are rising today
These shares are ending the week on a positive note. But why? Let's find out. The post Why Insignia, Rio Tinto, St Barbara, and Structural Monitoring shares are rising today appeared first on The ...
Buyout firms chase slice of Australia’s US$2.5 trillion pensions pot
A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms, including KKR & ...
Winners and losers from the Aussie dollar’s near five-year low
There’s something strange going on with the currency. Expect expensive overseas trips, takeover activity, more foreign buyers ...
Bain buyout fight shows allure of pensions
Australia's pension funds would surely be on any list of assets that investors would fight to own a piece of. Two U.S.
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Insignia denies yet another takeover bid
Insignia said it has yet to receive a formal takeover offer from the global investment giant as it continues to field other major offers.