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bain capital, Insignia Financial
Insignia Financial Gets $1.8 Billion Takeover Proposal From CC Capital Partners
Australian wealth manager Insignia Financial has received a takeover proposal worth about $1.8 billion from private investment firm CC Capital Partners.
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 shares climb on US$1.8bil bid from CC Capital
SYDNEY: Insignia Financial shares shot up to a three-year high yesterday after it revealed a A$2.87bil (US$1.78bil) takeover bid from US-based investment manager CC Capital Partners, eclipsing a A$2.67bil offer from Bain Capital.
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.
2d
Ex-Blackstone Dealmaker Chu Bids $1.8 Billion for Insignia
Australian wealth manager Insignia Financial Ltd. has received a A$2.9 billion ($1.8 billion) takeover offer from CC Capital ...
Independent Financial Adviser
9h
Insignia bidding war highlights firm was ‘undervalued’: Morningstar
The battle to acquire control of Insignia Financial has seen its share price jump around 35 per cent in less than a month, with Morningstar arguing the firm has been undervalued.
Pensions&Investments
23h
Buyout firms chase slice of Australia’s $2.5 trillion supers system
Insignia manages A$319 billion across its sprawling portfolio. That includes billions in retirement savings across a range of ...
14h
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 & ...
5h
on MSN
After 90 years, 16th-century crowns hidden in WWII were found under Vilnius Cathedral
The treasures were hidden in 1939, shortly after the outbreak of World War II, when the cathedral was threatened with closure ...
InvestmentNews
2d
Family office of former Blackstone rainmaker bids for wealth manager
The family office set up by a 25-year veteran and former head of private equity at Blackstone has launched a takeover bid for ...
3d
ASX flat after ‘holiday hangover’; Insignia shares surge
The Australian sharemarket is tipped to start the week with a spring in its step after US finally dived in to buy the dip in ...
4d
Big Savings Alert: Insignia 32-Inch Smart Fire TV Is 38% Off on Amazon
This compact 32-inch Fire TV is now just $79.99, saving you $50, with built-in Alexa and access to all your favorite ...
professionalplanner.com.au
2d
US private equity ups ante on Insignia in new $2.9b bid
Insignia Financial has received another non-binding bid from a US-based private equity firm – this time by CC Capital – for a ...
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