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bain capital, Insignia Financial
Insignia Financial Gets $1.8 Billion Takeover Proposal From CC Capital Partners
Australian wealth manager Insignia Financial has received a takeover proposal worth about $1.8 billion from private investment firm CC Capital Partners.
Insignia Financial gets $1.8bn buyout bid from CC Capital
The latest offer is contingent on satisfactory due diligence, a unanimous board recommendation, and regulatory approvals.
Australia’s Insignia shares climb on US$1.8bil bid from CC Capital
SYDNEY: Insignia Financial shares shot up to a three-year high yesterday after it revealed a A$2.87bil (US$1.78bil) takeover bid from US-based investment manager CC Capital Partners, eclipsing a A$2.67bil offer from Bain Capital.
Australia's Insignia Financial gets $1.78B takeover offer from CC Capital
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 A$4.
1d
on MSN
KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
U.S. private equity fund KKR said it has asked Fuji Soft to file for an injuction in court to stop what it said was Bain ...
InvestmentNews
1d
Family office of former Blackstone rainmaker bids for wealth manager
The family office set up by a 25-year veteran and former head of private equity at Blackstone has launched a takeover bid for ...
13h
Buyout firms chase slice of Australia’s US$2.5 trillion pensions pot
A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms, including KKR & ...
Independent Financial Adviser
7h
Insignia bidding war highlights firm was ‘undervalued’: Morningstar
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.
InvestmentNews
14h
Envestnet's Anur reprises COO role at rival fintech Orion
The wealth tech veteran brings "deep industry experience and a proven track record" to the new C-suite position at Orion.
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1h
Shanghai encourages more foreign-invested hospitals
Shanghai announced on Wednesday to encourage wholly foreign-invested hospitals to be established in the municipality's key ...
8d
Mobvista Is Said to Weigh Mintegral Unit Sale Amid Bain Interest
Mobvista Inc. is exploring a sale of its mobile advertising platform Mintegral after receiving interest from prospective ...
Nikkei Asia
1d
KKR urges Fuji Soft to seek court order against rival bidder Bain
TOKYO -- U.S. private equity firm KKR on Monday said it asked Fuji Soft to initiate a court filing to stop fellow American ...
13d
Wall Street Breakfast Podcast: Bain, KKR Bids Hit $7.6B For Seven & I Non-Core Assets
Bain, KKR bids reach $7.6B billion for Seven & i non-core assets - Reuters. Japan Airlines hit by cyberattack, flights ...
10h
X competitor Bluesky is being valued at around $700 million in a new funding round after explosive growth in the wake of Trump's victory
Bluesky is raising new funding led by Bain Capital Ventures that would value the social media company at around $700 million, ...
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