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Insignia Financial Draws Bain Capital’s $4.60 Per Share Revised Takeover Bid

8:38am on Thursday 23rd of January, 2025 AEDT Financial Services
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Insignia Financial Draws Bain Capital’s $4.60 Per Share Revised Takeover Bid

8:38am on Thursday 23rd of January, 2025 AEDT
Key Points
  • Bain Capital offers A$4.60 cash per share, a 7% premium over its prior bid
  • Proposal matches CC Capital Partners’ recent indicative offer
  • Limited due diligence access granted to Bain under confidentiality terms
  • Insignia Financial advises shareholders to take no immediate action
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