Bain Capital, Insignia Financial and Australia

Australia's Insignia gets $1.8 billion bid from CC Capital, topping Bain offer
SYDNEY (Reuters) -Insignia Financial shares shot to a three-year high on Monday after it revealed a A$2.87 billion ($1.78 billion) takeover bid from U.S.-based investment manager CC Capital Partners,
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.
CC Capital’s $2.9bn Insignia bid trumps Bain offer
The tug of war for control of ASX-listed wealth planner Insignia Financial has stepped up after CC Capital Partners lobbed a $2.9bn takeover bid for the firm, topping an earlier tilt by Bain Capital.
Insignia Financial Stock Surges After $1.8B Bid from CC Capital
Insignia Financial stock hits a 3-year high after CC Capital offers a $1.8B bid. The deal could impact Australia’s $4.1T superannuation market.
CC Capital bids $2.9b for Insignia in private equity shootout
The New York-headquartered private equity firm lobbed a cash bid on Friday, trumping Bain Capital’s earlier offer.
Australia's Insignia Financial gets $1.8 billion takeover bid from CC Capital Partners
Australia's Insignia Financial said on Monday it has received a takeover bid from CC Capital Partners to acquire the 178-year-old money manager for A$2.87 billion ($1.78 billion). The company had earlier been approached by Bain Capital with a A$2.
Australia shares gain; Insignia jumps on $1.8bn buyout offer
Insignia Financial jumped as much as 11.3% to a nearly three-year high of A$3.94 after an A$2.87 billion takeover offer from CC Capital Partners at A$4.30. The offer is at a 7.5% premium to Bain Capital’s rejected bid of A$4 for the 178-year-old money manager.
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.
Buyout Firms Chase Slice of Australia’s $2.5 Trillion Pensions
A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms including KKR & ...
Reuters23d
Bain's $1.7 bln offer rebuffed by Australia's Insignia on valuation concerns
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 ...
professionalplanner.com.au1d
Private equity bidding war upends market view of Insignia
Researcher Morningstar believes a recent spate of acquisition proposals of Insignia Financial by private equity proves the ...
ASX closes flat as miners slump; Insignia leaps 14pc
Australian shares rise as tech names lift ASX. Iron ore price weighs on big miners. Bellevue Gold sinks. Insignia shares leap 12 per cent on latest bid.
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 & ...