Insignia Financial boss Scott Hartley. Louise Kennerley CC Capital, a Wall Street firm and a relative unknown in Australia, and Bain, which bought Virgin Australia off administrators, have ...
Insignia's shares peak to a 3-year high Due diligence to Bain, CC Capital granted Bain matches CC Capitals' A$4.43 apiece offer Jan 23 (Reuters) - Insignia Financial's (IFL.AX), opens new tab ...
CC Capital sweetened its bid to A$4.60 per share, Insignia said in a statement Friday. That tops its earlier approach and a separate offer from Bain Capital by 7%. The shares added as much as 4.8% ...
(Bloomberg) -- Bain Capital matched an offer from CC Capital Partners for Insignia Financial Ltd. as the bidding frenzy for the Australian wealth management firm heated up. Insignia granted Bain ...
INSIGNIA Financial’s shares hit a three-year high on Thursday (Jan 23), driven by a revised takeover offer of A$3.07 billion (S$2.6 billion) from US-based Bain Capital, matching the bid of rival CC ...
The bidding war for the 178-year-old money manager had escalated in mid-January when private equity firm Bain Capital matched CC Capital's offer at A$2.87 billion. Under CC Capital's revised offer ...
The bidding war for the 178-year-old money manager had escalated in mid-January when private equity firm Bain Capital matched CC Capital's offer at A$2.87 billion. Under CC Capital's revised offer, ...
The 178-year-old Australian money manager's initial reluctance to engage with Bain Capital sparked a bidding war, with U.S.-based investment manager CC Capital Partners subsequently entering the fray.
“Clearly, Insignia has shown a preference for CC Capital, because Bain will presumably pull the business apart, while CC Capital has indicated they’ll leave management to run the busines ...
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