Bain and CC Capital enhance Insignia buyout offers to $2.2 billion - Bloomberg

Published 06/03/2025, 23:30
© Reuters.

Investing.com -- Bain Capital and CC Capital have both raised their takeover bids for Insignia Financial Ltd., intensifying the competition for the Australian financial services company, according to Bloomberg News.

The two private equity firms have presented individual cash offers at A$5 per share, as per an announcement by Insignia on Friday. This valuation places the Sydney-listed company at approximately A$3.4 billion ($2.2 billion).

In the following six weeks, both U.S.-based companies will be carrying out further due diligence. The board of Insignia has described the terms of each proposal as "attractive."

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