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Insignia, CC Capital and Bain
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,
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.
Bain Matches CC Capital's Offer for Australia's Insignia Financial at $1.92 Billion
Earlier this month, CC Capital Partners had upped the ante with a rival bid, seeking to gain a foothold in Australia's lucrative A$4.1 trillion superannuation system, a prize that has driven the intense bidding competition between the two suitors.
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
11d
on MSN
Bain Capital raises bid for Australia's Insignia to $1.8 billion, matches CC Capital
By Rajasik Mukherjee (Reuters) -Shares of Australia's Insignia Financial hit a more than three-year high on Monday as a ...
3h
UBS Sticks to Its Hold Rating for Insignia Financial Ltd (IOOFF)
UBS analyst Shreyas Patel CFA maintained a Hold rating on Insignia Financial Ltd (IOOFF – Research Report) today and set a price target of ...
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 ...
14h
Royal Insignia resumes for Saturday’s Group 3 Manfred Stakes at Sandown
When talented colt Royal Insignia launched at the line in his two career wins, it was very easy on the eyes of trainer Grahame Begg.
6h
Jarden Reaffirms Their Buy Rating on Insignia Financial Ltd (IOOFF)
Jarden analyst Daniel Bui maintained a Buy rating on Insignia Financial Ltd (IOOFF – Research Report) yesterday and set a price target of ...
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).
Business Times
1d
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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