Australian wealth manager Insignia Financial has received a takeover proposal worth about $1.8 billion from private ...
The latest offer is contingent on satisfactory due diligence, a unanimous board recommendation, and regulatory approvals.
The New York-headquartered private equity firm lobbed a cash bid on Friday, trumping Bain Capital’s earlier offer.
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.
SYDNEY (Reuters) -Insignia Financial shares shot to a three-year high on Monday after it revealed a A$2.87 billion ($1.78 ...
Insignia Financial has announced that a second US firm has made a takeover bid, coming in over the top of Bain Capital’s ...
Researcher Morningstar believes a recent spate of acquisition proposals of Insignia Financial by private equity proves the ...
Insignia Financial stock hits a 3-year high after CC Capital offers a $1.8B bid. The deal could impact Australia’s $4.1T ...
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 ...
The family office set up by a 25-year veteran and former head of private equity at Blackstone has launched a takeover bid for ...
Shares of banks and other financial institutions fell slightly amid concerns about global economic and market stability. Australian wealth manager Insignia Financial said it received a takeover ...
The tug of war for control of ASX-listed wealth planner Insignia Financial has stepped up after CC Capital Partners lobbed a ...