Bain’s opening offer of $4 a share was rejected by Insignia’s board in mid-December as too low, prompting CC Capital to sound out the Australian company two weeks ago with its own proposal. The ...
New Delhi: The Army has approved a study with an aim to increase the number of women officers in the force by 2037, the Chief of the Army Staff (COAS) General Upendra Dwivedi has said. Giving an ...
The race to acquire Insignia Financial has intensified, with Bain Capital revising its offer to $2.87 billion, matching the bid made earlier by CC Capital. Insignia revealed the updated proposal on ...
As predicted by The Australian Financial Review’s Street Talk column, the Insignia board confirmed on Monday that Bain had improved its offer. The new all-cash $4.30 a share bid represents a $ ...
Destanee Aiava has capped a stunning second day at the Australian Open in which nine Australians won through to the second round. Aiava, the 24-year-old qualifier, beat Belgian Greet Minnen 5-7 ...
So Bain offering a sweetener in terms of shareholders potentially holding on to some scrip is a good move,” Ms Liu told The Australian. Other Insignia shareholders include former Credit Suisse ...
Last week, U.S.-based investment manager CC Capital Partners offered to buy Insignia for A$2.87 billion, days after the Australian company rejected Bain Capital's initial takeover bid, citing it ...
The Sporting News analyses the career of Vukic, who looms as one of Australia's best hopes to go deep at the Australian Open. Vukic – aged 28 – has had an unorthodox path for an Australian ...
The offer is the first major takeover play in Australian markets this year and the third bid by CC Capital Partners for storied wealth manager MLC, which is now a subsidiary of Insignia.
David Rowe The bid landed after the market closed on Friday, January 3, smack bang in the middle of the Australian summer and what Insignia’s board would have hoped would be a time to recuperate ...
It would also be subject to approval by the Foreign Investment Review Board and The Australian Prudential Regulation Authority. More news: Insignia Financial shares rocketed in early trading on the ...