Insignia Financial's shares hit a three-year high on Thursday, driven by a revised takeover offer of A$3.07 billion ($1.92 ...
Bain Capital matched an offer from CC Capital Partners for Insignia Financial Ltd. as the bidding frenzy for the Australian ...
Insignia Financial Ltd. gave CC Capital Partners access to some of its accounts for a limited time as it attempts to lure the ...
The back and forth continues in the battle to acquire Insignia Financial as Bain Capital has hit back with another revised ...
Insignia Financials shares surged to a three-year high on Thursday, fueled by a revised takeover offer of A$3.07 billion ...
Bain Capital, which bought out Virgin Australia in the depths of the COVID-19 pandemic and swept Estia Health off the ASX in ...
Besides lobbing a sweetened offer for Insignia Financial, suitor CC Capital has another edge in the bidding tussle for the ...
According to Morningstar, the new “fair value estimate” for Insignia is $3.95 per share, up from its previous number of $3.60 ...
Insignia Financial has granted CC Capital Partners a limited period of access for the provision of due diligence after it received a revised takeover offer last week.
The financial services firm said it would provide CC Capital with limited access to “non-public” information to perform due diligence on its takeover offer.
The proposal compares with a prior offer of A$4.30 per share, made by CC Capital and matched by Bain earlier this week.