Bain Capital, Insignia Financial

Bain's $1.7 billion offer rebuffed by Australia's Insignia on valuation concerns
Australia's Insignia Financial has rejected Bain Capital's A$2.67 billion ($1.69 billion) takeover bid, saying the offer does not provide fair value to its shareholders, creating a barrier for the buyout giant's Asia expansion plans.
Bain Capital’s $1.7 billion buyout bid rejected by Insignia Financial
Australian wealth manager Insignia Financial has rejected a A$2.7 billion ($1.7 billion) takeover offer from private equity firm Bain Capital. Insignia said the A$4 per share preliminary, non-binding offer it received last week didn’t represent fair value, according to a statement Dec. 18.
Insignia rejects $2.7 billion Bain takeover bid
Bain Capital’s proposed acquisition “does not adequately represent fair value” for shareholders, according to Insignia.
Australia's Insignia rejects Bain's $1.7 billion takeover play
Australia's Insignia Financial said on Wednesday it had rejected an all-cash takeover bid from private equity giant Bain Capital, which valued the 178-year-old money manager at A$2.67 billion ($1.69 billion).
Bain Offers to Buy Australia’s Insignia in $1.7 Billion Deal
US private equity giant Bain Capital offered to buy Insignia Financial Ltd., the Australian financial services firm, in a deal worth about A$2.7 billion ($1.7 billion).Most Read from BloombergHong Kon
Insignia rejects Bain Capital
Insignia Financial (ASX:IFL) has rejected a takeover proposal from Bain Capital, saying that the offer did not reflect the company's value.
Insignia rejects Bain Capital’s $2.7bn takeover bid
Wealth manager Insignia Financial has rejected Bain Capital’s $2.7bn takeover bid, arguing it undervalues the company as it embarks on a restructure under chief executive Scott Hartley.
Bain Capital’s $1.7 Billion Buyout Bid Rejected by Insignia
Australian wealth manager Insignia Financial Ltd. has rejected a A$2.7 billion ($1.7 billion) takeover offer from private equity firm Bain Capital.Most Read from BloombergHow California Sees the World,
Insignia board weighs $2.7b Bain bid against turnaround
Bain’s cash has Insignia shareholders wondering whether they should cut and run ahead of a complex but credible turnaround ...
Bain’s Insignia move ‘a trigger for bidding war’
Observers believe Bain Capital’s $2.7bn offer for Insignia Financial will kickstart a bidding war for the Australian-listed ...
Business Times1d
Bain Capital’s A$2.7 billion buyout bid rejected by Insignia
AUSTRALIAN wealth manager Insignia Financial has rejected a A$2.7 billion (S$2.3 billion) takeover offer from private equity ...
Santa quashes Bain Capital’s big Aussie buyout, for now
Behind the flurry of statements, there’s a game of M&A chess. Insignia Financial is this year’s Christmas special.