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Showing 81 - 90 of 205 results for "Insignia Financia"

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
Insignia Financial has granted CC Capital Partners a limited period of access for the provision of due diligence after it received a revised takeover offer last week. On January 17, Insignia received a revised non-binding and indicative proposal from ...

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" ...

Adviser number growth shoots?

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
The number of advisers that have exited the industry over the past four or five years appears to have plateaued, albeit another decline in 2023, last year's figures suggest that the losses have stabilised, according to Rainmaker Information's 2024 ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Insignia Financial has denied that it has received a takeover offer from global investment giant Brookfield Asset Management, in response to media speculation. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
Perpetual has appointed Equity Trustees (EQT) to oversee two of its superannuation products as the new trustee. Equity Trustees Superannuation will takeover trustee duties on 1 March 2025 from Perpetual for the Select Super Plan and Select Pension Plan. ...

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 ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
Mergers, corporate fund closures and executive moves were the major motifs for Financial Standard readers this year. Unsurprisingly, further consolidation in the superannuation sector was a major driver of audience interest this year with a number of ...

Analyst Moves: Franklin Templeton, JANA, Bain, MLC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
Franklin Templeton has confirmed that Francyne Mu will step down from her role as portfolio manager and research analyst within the equity group. The asset manager said it is not looking to replace the role - that the team is well-resourced globally. ...