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Showing 21 - 30 of 97 results for "Bain"

ASIC issues interim stop orders to TruePillars

RIDDHIMA TALWANI  |  TUESDAY, 21 OCT 2025
ASIC has told private credit manager TruePillars to halt distribution of its product disclosure statements (PDSs) for two offerings. The interim orders prevent the fund from offering, issuing, selling or transferring interests in the Pooled Unit and ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... Insignia's closing share price of $3.06 on 11 December 2024 - being the last trading day prior to the announcement that Bain Capital made the first official bid for the company. However, the final price was reduced from the previous $5 per share ...

CC Capital drags feet on Insignia takeover bid

KARREN VERGARA  |  MONDAY, 21 JUL 2025
... financing and investment committee approvals - a process that is expected to be completed in two weeks - which was July 14. Bain Capital withdrew its bid for Insignia in May while Brookfield Capital Partners dropped out after making a single offer in ...

Potential Insignia takeover edges closer

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
... with its continuous disclosure obligations." CC Capital is the only player left in what was a bidding war for Insignia after Bain Capital withdrew its bid back in May and Brookfield Capital Partners dropped out after making a single offer back in February. ...

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
With the exit of Bain Capital, it leaves one potential buyer left in the takeover talks that have now spanned more than six months. In an ASX announcement this morning, Insignia Financial confirmed that Bain Capital is "unable to proceed" with a binding ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... and the revitalisation 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 ...

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 ...

Luxury asset investment platform launches for high-net-worth investors

ANDREW MCKEAN  |  TUESDAY, 11 MAR 2025
... steadily at an annual rate of 5-9% and is forecast to reach between $2.1 trillion and $2.6 trillion by 2030, according to Bain & Company. Yet, despite this boom, luxury products and high-end collectibles have remained largely overlooked as investment ...

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% ...