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Showing 31 - 40 of 97 results for "Bain"

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... was down 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 ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... The 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 ...

JANA revamps research team

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... most recently an executive director in the private equity team, O'Brien worked at EY and CBRE, and Nguyen arrived from Bain & Company. Late last year, JANA appointed Victoria Hugh as senior product manager, strengthening its leadership in investment ...

Insignia Financial receives bid from Brookfield

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... giant 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 ...

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
... its 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 ...

CC Capital outbids Bain again, increases Insignia offer

JAMIE WILLIAMSON  |  FRIDAY, 17 JAN 2025
CC Capital Partners has topped the most recent bid by Bain Capital to acquire Insignia Financial, lobbing a fresh offer of $4.60 per share. Bain Capital first made a move for Insignia Financial in early December, making an offer of $4 per share that ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
Bain Capital has re-entered the arena to vie for Insignia Financial, matching CC Capital Partners' $4.30 per share offer. Insignia rejected Bain Capital's bid of $4 per share on December 18, claiming it "does not adequately represent fair value" ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... proposal from Brookfield. Should an offer be made, it would mark the third takeover offer Insignia has had to consider since Bain Capital launched a $2.9 billion takeover offer late last year. On 18 December 2024, Insignia rejected Bain's offer with ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
New York-based CC Capital Partners has expressed interest in taking over Insignia Financial, upping Bain Capital's offer that was recently rejected. CC Capital Partners is offering $4.30 cash per Insignia share, which is a 7.5% premium to Bain Capital's ...