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Bain, Insignia Financial and CC Capital
Australia's Insignia Financial receives sweetened bid from Bain Capital at $1.92 billion
Insignia Financial said on Thursday it has received an improved offer from U.S.-based Bain Capital to acquire the money manager for A$3.07 billion ($1.92 billion), matching rival CC Capital Partners' offer as bidding war escalates.
Insignia Financial Shares Hit 3-Year High Amid Bain and CC Capital Bidding War
Insignia Financials shares surged to a three-year high on Thursday, fueled by a revised takeover offer of A$3.07 billion ($1.92 billion) from Bain Capital. The U.S.-based firm matched a bid from rival CC Capital Partners,
Bain Capital ups the ante as Insignia's FUMA rises by $7.2bn
Insignia has announced a revised bid from Bain Capital, alongside its quarterly business update which pointed to FUMA growth of 2.2 per cent as at 31 December.
Bain matches CC Capital's offer for Australia's Insignia Financial at $1.92 billion
Insignia Financial's shares hit a three-year high on Thursday, driven by a revised takeover offer of A$3.07 billion ($1.92 billion) from U.S.-based Bain Capital, matching the bid of rival CC Capital Partners and fuelling a heated bidding war.
Bain Sweetens Offer for Insignia, Matching CC Capital’s Bid
Bain Capital matched an offer from CC Capital Partners for Insignia Financial Ltd. as the bidding frenzy for the Australian wealth management firm heated up.Most Read from BloombergTexas HOA Charged W
Insignia Financial latest to let staff work on Australia Day
Insignia Financial has joined the likes of Medibank, REA Group and Telstra in giving employees the option of working on public holidays such as Australia Day.
3d
Insignia chief executive Scott Hartley critical for CC Capital’s tilt for Insignia Financial tilt
Besides lobbing a sweetened offer for Insignia Financial, suitor CC Capital has another edge in the bidding tussle for the ...
6d
ASX slips as CBA drops; Lovisa, Insignia shares jump
Shares swung between gains and losses. CC Capital ups bid for Insignia Financial. China hits growth target. Rio Tinto, ...
AOL
7d
CC Capital ups bidding stakes for Australia's Insignia at $1.9 billion, tops Bain's offer
(Reuters) -
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).
Cruise Industry News
13d
Insignia Kicks Off Oceania’s Around the World Cruise
The Insignia recently welcomed guests onboard in Miami for Oceania Cruises’ 2025 Around the World Cruise. Sailing to nearly ...
Business Times
22h
Bain matches CC Capital’s offer for Australia’s Insignia Financial at A$3.07 billion
INSIGNIA Financial’s shares hit a three-year high on Thursday (Jan 23), driven by a revised takeover offer of A$3.07 billion ...
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