Australian wealth manager Insignia Financial has confirmed receipt of a preliminary and non-binding buyout offer from private equity company Bain Capital. The proposal, valued at approximately A$2 ...
By Rishav Chatterjee (Reuters) -Australia's Insignia Financial has rejected Bain Capital's A$2.67 billion ($1.69 billion) takeover bid, saying the offer does not provide fair value to its ...
Dec 18 (Reuters) - Australia's Insignia Financial (IFL.AX), opens new tab has rejected Bain Capital's A$2.67 billion ($1.69 billion) takeover bid, saying the offer does not provide fair value to ...
Insignia Financial and Bain Capital did not immediately respond to Reuters requests for comments. The Australian Stock Exchange's (ASX) regular trading hours end at 4 p.m. Sydney time, followed by ...
US PRIVATE equity giant Bain Capital offered to buy Insignia Financial, the Australian financial services firm, in a deal worth about A$2.7 billion (S$2.3 billion). Insignia received a A$4 cash per ...
Bain Capital, which bought out Virgin Australia during the COVID-19 pandemic in 2020, is working with Bank of America on a potential takeover of the A$2.27 billion ($1.46 billion) financial ...
the tumult with Australia’s aged care sector is subsiding. Now, major operators are positioning themselves for the next chapter. Street Talk can reveal Estia Health, the Bain Capital-owned ...
(Reuters) - Shares of Insignia Financial soared more than 10% in the final minutes of trade on Thursday on media reports that private equity investor Bain Capital was in advanced stages of making a ...