Australia’s Insignia Opens Books to Bain
Australia's Insignia Opens Books to Bain After US$2.1B Proposal -- 2nd Update
The latest proposals represent a 63% premium to the company's A$3.06 share price prior to the announcement of Bain's initial A$4.00-a-share proposal in December. With Insignia having rejected that approach, CC made a proposal of A$4.30 that Bain matched.
But other prospective bidders, Bain Capital and CC Capital, have lobbed higher $5-per-share offers for the near 180-year-old ...
J.P. Morgan analyst Siddharth Parameswaran maintained a Buy rating on Insignia Financial Ltd (IOOFF – Research Report) yesterday and set a ...
Bain Capital and CC Capital have raised their bids for the full acquisition of Insignia Financial, taking third bidder ...
Aside from Spock's bangs and the Vulcan salute, Star Trek’s Starfleet insignia, often referred to as the "delta," is one of ...
The financial services firm is set to enter exclusivity deeds with both Bain and CC Capital after the private equity firms ...
Rivals Bain Capital and CC Capital have pulled out in front in the bidding war for Insignia Financial, upping their offers to ...
SYDNEY--Bain Capital will get a look at Insignia Financial's books after it increased its proposal for the Australian wealth manager to about US$2.12 billion.
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