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Bain Capital ups bid for Australia’s Insignia to $1.8 billion, matching CC Capital By Reuters

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(Reuters) – Australia’s Insignia Financial said on Monday, private equity firm Bain Capital has sweetened its bid for the 178-year-old wealth manager, now valuing it at A$2.87 billion ($1.76 billion), weeks after Insignia rejected Bain’s earlier offer.

($1 = 1.6279 Australian dollars)



Article by:Source- Reuters

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  1. Pingback: Bain Capital ups bid for Australia’s Insignia to $1.8 billion, matching CC Capital By Reuters - SkyLine News , Your Daily Source

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