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SYDNEY— Insignia Financial on Monday said Bain Capital has matched a US$1.8 billion takeover offer by CC Capital Partners, intensifying a tussle for control of the Australian wealth manager.
Endeavour has been under pressure to turn around its share price decline, and earlier this week told investors that all ...
All-cash private equity deal will put an end to the uncertainty that has hung over the 180-year-old wealth management giant amid a protracted takeover tussle.
Insignia's shares sank 15.8% to end the day at A$3.37, below Bain's and CC Capital's offer of A$5 per share. That indicates investors expect CC Capital, likely the last remaining suitor, to either ...
Bain Capital, which bought out Virgin Australia during the COVID-19 pandemic in 2020, is working with Bank of America on a potential takeover of the A$2.27 billion ($1.46 billion) financial ...
Bob's Discount Furniture could be valued at ~$1B if the retailer were to command a multiple of around five-times EBITDA, ...
Bain Capital on Sunday said it was preparing a second-round proposal to buy Virgin Australia Holdings Ltd <VAH.AX>, as the private equity group positioned itself as the "strongest" suitor to ...
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