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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.
12h
on MSN
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