Brookfield triggers three-way bidding war for Insignia

Battle for Insignia becomes three-way bidding war
Brookfield is vying for the owner of MLC, joining a $3.1 billion wealth management tussle with CC Capital and Bain Capital.
Brookfield triggers three-way bidding war for Insignia with $1.92 billion offer
By John Biju (Reuters) -Insignia Financial shares jumped to a more than three-year high on Wednesday after Brookfield offered A$3.07 billion ($1.92 billion) to buy the Australian wealth manager, matching the bids from Bain Capital and CC Capital Partners.
Brookfield Joins Insignia Bidding Frenzy With Matching Offer
Ltd. entered the bidding frenzy for Insignia Financial Ltd., joining Bain Capital and CC Capital Partners with an offer for the Australian wealth management firm. Most Read from BloombergState Farm Se
Brookfield joins bidding war for takeover target Insignia Financial
Brookfield Capital Partners has joined the fight for takeover target Insignia Financial, matching offers from rivals Bain Capital and CC Capital with a $4.60-per-share bid for the wealth manager.
Brookfield Enters Race for Australia’s $1.9 Billion Insignia Financial
Brookfield made a non-binding proposal of $2.88 a share, the same value as the proposal made last month by CC Capital Partners, and later matched by Bain Capital.
Insignia Financial receives bid from Brookfield
After rumours swirled in January that the global investment giant was considering an offer, Insignia has now received a formal proposal from Brookfield.
Third bidder officially enters Insignia bidding war
Less than a month after Insignia quashed rumours Brookfield had made a takeover offer, the private equity giant has officially entered the fray.
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
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.
Brookfield joins race for Australia's Insignia with matching takeover bid
Investing.com-- Australian wealth manager Insignia Financial (ASX: IFL) Ltd (ASX: IFL) has received a takeover bid from U.S.-based Brookfield Capital Partners (WA: CPAP ), matching offers from Bain Capital and CC Capital Partners, intensifying a bidding war for the firm.
Insignia Financial Receives Takeover Proposal From Brookfield
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,
Is CC Capital’s Insignia interest real? Some aren’t convinced
CC Capital was once interested in buying the MLC business from NAB – which was bought for $1.4bn in 2020 by Insignia ...
professionalplanner.com.au12d
Bain still in the hunt for Insignia after matching CC Capital offer
The back and forth continues in the battle to acquire Insignia Financial as Bain Capital has hit back with another revised ...