A bidding war over ASX-listed wealth and advice operation Insignia Financial is heating up, with CC Capital lobbing another ...
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). The bidding war for ...
Insignia on Friday revealed CC Capital had increased its initial cash offer by 30¢ a share to $4.60, putting another $200 ...
Bain has attempted to woo investors with an ... Insignia Financial also acquired ANZ’s wealth management business in 2017 in a $975m deal. The group’s rapid string of acquisitions has seen ...
The proposal compares with a prior offer of A$4.30 per share, made by CC Capital and matched by Bain earlier this week.
Insignia is receiving financial advice from Citigroup, Gresham Advisory Partners, and legal counsel from King & Wood ...
Bain on Monday lobbed a sweetened bid for the wealth giant, matching CC Capital ... Geoff Wilson of Wilson Asset Management at the 2024 Sohn Hearts & Minds conference. Picture: Ben Searcy ...