Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 28 results for "CC Capital"

MLC AM reduces MultiSeries management fees

KARREN VERGARA  |  MONDAY, 28 JUL 2025
... investment experience for both advisers and clients," Khan said. MLC's parent company Insignia Financial recently accepted CC Capital Partners' takeover offer. The Scheme Implementation Deed shows CC Capital will acquire all the issued shares in Insignia ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
Insignia Financial has entered into a Scheme Implementation Deed (SID) to be acquired by New York-based CC Capital Partners for a value of $3.3 billion. CC Capital has agreed to acquire all the issued shares in Insignia for a cash consideration of $4.80 ...

CC Capital drags feet on Insignia takeover bid

KARREN VERGARA  |  MONDAY, 21 JUL 2025
CC Capital Partners continues to drag its feet on making an official takeover offer for Insignia Financial, surpassing the two-week timeframe it promised it would make a binding bid within. The announcement released on the ASX this morning states that ...

Potential Insignia takeover edges closer

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
A final takeover offer for Insignia Financial may come within the next two weeks as CC Capital Partners "continues to actively work towards" making a binding bid for the wealth manager. Insignia confirmed CC Capital is finalising financing and investment ...

Insignia lost a suitor, but takeover isn't off the table: Morningstar

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
Bain Capital withdrew its bid for Insignia Financial, which saw the company's share price tumble, but with CC Capital still in the mix, the takeover saga isn't over yet, according to Morningstar. Morningstar said that although the risk of a ...

Bain Capital backs out of Insignia takeover race

MATTHEW WAI  |  WEDNESDAY, 14 MAY 2025
... offer due to macro uncertainty in the global markets. Insignia will instead continue to discuss the transaction with CC Capital, which has advised that it is actively working towards making a binding bid for the company in the coming weeks. However ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... of the MLC brand for consumers. " We announced last week that we had agreed to requests from both Bain Capital and CC Capital to extend the exclusivity period in relation to the non-binding and indicative proposals to acquire Insignia Financial," he ...

Insignia gives PE firms more time to devise deal

JAMIE WILLIAMSON  |  THURSDAY, 17 APR 2025
Bain Capital and CC Capital Partners have been granted more time to thumb through Insignia Financial's books. Insignia Financial has extended the exclusivity deeds it signed with Bain Capital and CC Capital Partners in early March by four weeks. It ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
Insignia Financial has received two separate revised non-binding and indicative proposals from CC Capital Partners and Bain Capital. The bids were both increased to $5 cash per Insignia share, valuing the wealth manager at $3.35 billion, and an 8.7% ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... at the time of writing. The wealth manager is currently fielding several takeover offers and had given Bain Capital, CC Capital Partners, and Brookfield Asset Management's UK business until the end of February to lodge their final offers. The wealth ...