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 ...
A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms, including KKR & ...
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 ...
The family office set up by a 25-year veteran and former head of private equity at Blackstone has launched a takeover bid for ...
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 ...
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 ...