Bain Capital, Insignia Financial and Australia

Australia's Insignia gets $1.8 billion bid from CC Capital, topping Bain offer
SYDNEY (Reuters) -Insignia Financial shares shot to a three-year high on Monday after it revealed a A$2.87 billion ($1.78 billion) takeover bid from U.S.-based investment manager CC Capital Partners,
Australia's Insignia Financial gets $1.78B takeover offer from CC Capital
Australian money manager Insignia Financial (OTCPK:IOOFF) received a takeover offer of A$4.30 per share from CC Capital Partners. This offer is 7.5% higher than Bain Capital's (BCSF) previous bid of A$4.
CC Capital bids $2.9b for Insignia in private equity shootout
The New York-headquartered private equity firm lobbed a cash bid on Friday, trumping Bain Capital’s earlier offer.
Insignia Financial Stock Surges After $1.8B Bid from CC Capital
Insignia Financial stock hits a 3-year high after CC Capital offers a $1.8B bid. The deal could impact Australia’s $4.1T superannuation market.
Australia shares gain; Insignia jumps on $1.8bn buyout offer
Insignia Financial jumped as much as 11.3% to a nearly three-year high of A$3.94 after an A$2.87 billion takeover offer from CC Capital Partners at A$4.30. The offer is at a 7.5% premium to Bain Capital’s rejected bid of A$4 for the 178-year-old money manager.
Australia's Insignia Financial gets $1.8 billion takeover bid from CC Capital Partners
Australia's Insignia Financial said on Monday it has received a takeover bid from CC Capital Partners to acquire the 178-year-old money manager for A$2.87 billion ($1.78 billion). The company had earlier been approached by Bain Capital with a A$2.
CC Capital’s $2.9bn Insignia bid trumps Bain offer
The tug of war for control of ASX-listed wealth planner Insignia Financial has stepped up after CC Capital Partners lobbed a $2.9bn takeover bid for the firm, topping an earlier tilt by Bain Capital.
Insignia Financial gets $1.8bn buyout bid from CC Capital
The latest offer is contingent on satisfactory due diligence, a unanimous board recommendation, and regulatory approvals.
Pensions&Investments1d
Buyout firms chase slice of Australia’s $2.5 trillion supers system
Insignia manages A$319 billion across its sprawling portfolio. That includes billions in retirement savings across a range of ...
Buyout firms chase slice of Australia’s US$2.5 trillion pensions pot
A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms, including KKR & ...
Bain buyout fight shows allure of pensions
Australia's pension funds would surely be on any list of assets that investors would fight to own a piece of. Two U.S.
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Private equity bidding war upends market view of Insignia
Researcher Morningstar believes a recent spate of acquisition proposals of Insignia Financial by private equity proves the ...