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Showing 21 - 30 of 55 results for "Bain Capital"

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
... 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 ...

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
... close to 3% 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. ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... results come as Insignia Financial fields several takeover offers. According to reports, the wealth manager has given Bain Capital, CC Capital Partners, and Brookfield Asset Management's UK business until the end of the month to lodge their final offers. ...

Insignia Financial receives bid from Brookfield

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... Brookfield Capital Partners. This marks the third party to enter the bidding war, with both CC Capital Partners and Bain Capital vying for ownership. Brookfield has made an offer to acquire all the shares in Insignia Financial by way of a scheme of arrangement ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
Insignia Financial has opened its books to Bain Capital after it matched CC Capital Partners' revised takeover offer. It comes as the wealth giant reports several achievements, including growth in its alternatives business. After CC Capital lobbed a ...

Insignia grants CC Capital limited due diligence

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
... legal adviser. This latest development comes after a bidding war commenced for the financial services firm. US-based Bain Capital first made a move in December, making an offer of $4 per share - valuing the company at around $2 billion - but that offer ...