Insignia Financial gets $1.8bn buyout bid from CC Capital - MSN
Australian wealth manager Insignia Financial has secured an indicative non-binding buyout offer from CC Capital Partners, a family office led by ex-Blackstone dealmaker Chinh Chu. The offer ...
Morningstar lifts Insignia Financial valuation after CC Capital bid
4 days ago · The news: Wealth manager Insignia Financial has received a takeover proposal from US-based private equity firm CC Capital Partners, valuing the company at $2.9 billion, after rejecting a bid by rival suitor Bain Capital last month. The numbers: Insignia said it received a confidential, non-binding and indicative proposal from CC Capital to acquire all of its shares at a price of $4.30 cash per ...
US private equity ups ante on Insignia in new $2.9b bid
3 days ago · Insignia Financial has received a $2.9 billion bid from New York-based private equity firm CC Capital just weeks after a deal from Bain Capital was rejected. In an announcement made to the ASX on Monday morning, Insignia disclosed it has received the indicative, non-binding proposal for CC Capital to acquire the company at a price of $4.30 per ...
Insignia Financial Gets $1.8 Billion Takeover Proposal From CC Capital ...
Australian wealth manager Insignia Financial said it received a takeover proposal worth about US$1.8 billion from CC Capital Partners, a private investment firm founded and led by ex-Blackstone ...
Australia’s Insignia shares climb on US$1.8bil bid from CC Capital
3 days ago · Insignia Financial said CC Capital’s non-binding bid offered a 7.5% premium to Bain Capital’s offer and a 21.5% premium to Insignia’s last closing price of A$3.54 last Friday.
CC Capital Makes Takeover Bid for Australia’s Insignia Financial
4 days ago · Australian wealth manager Insignia Financial Ltd. has received a A$2.9 billion ($1.8 billion) takeover offer from CC Capital Partners, the fast-emerging family office set up by former Blackstone ...
CC Capital offers $1.8B for Insignia Financial - Axios
4 days ago · CC Capital Partners, formed by ex-Blackstone investor Chinh Chu, has offered to take Australian wealth manager Insignia Financial private for roughly $1.8 billion (A$2.9 billion). Why it matters: CC Capital's entrance sets up a bidding war. It comes after Bain Capital's $1.7 billion buyout bid was rejected in mid-December.
Insignia Shares Surge as CC Capital Outbids Bain with $1.8B Offer
3 days ago · Insignia Discloses Details on CC Capital’s Bid. In its latest update, Insignia revealed that CC Capital had submitted a non-binding proposal to acquire all its shares at AU$4.30 per share in cash.
Ex-Blackstone Dealmaker Chu Bids $1.8 Billion for Insignia
4 days ago · (Bloomberg) -- Australian wealth manager Insignia Financial Ltd. has received a A$2.9 billion ($1.8 billion) takeover offer from CC Capital Partners, the fast-emerging family office set up by ...
Australia's Insignia gets $1.8 billion bid from CC Capital, topping ...
4 days ago · Insignia Financial said CC Capital's non-binding bid offered a 7.5% premium to Bain Capital's offer and a 21.5% premium to Insignia's last closing price of A$3.54 on Friday.
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