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Bain Capital Raises Insignia Financial Bid to $4.30, Matching Rival Offer
8:36am on Monday 13th of January, 2025 AEDT
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Financial Services
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Bain Capital Raises Insignia Financial Bid to $4.30, Matching Rival Offer
8:36am on Monday 13th of January, 2025 AEDT
Key Points
Bain Capital revises offer to A$4.30 per share, a 7.5% increase
Offer matches CC Capital Partners' competing proposal
Proposal remains non-binding and subject to conditions
Insignia Financial board evaluating both bids with advisers
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