17 January 2025 15:41
Insignia Financial has received another sweetened offer from CC Capital, offering $4.60 cash per share to acquire the wealth giant.
In an ASX announcement, Insignia said the new price represents a 7 per cent premium to both CC Capital‘s original offer and rival bidder Bain Capital‘s offer on 11 January.
The company’s board is considering the proposal.
Bain Capital, CC Capital, insignia financial
Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, a pair of AMP investment executives told the Professional Planner Managed Accounts Decoded podcast.
Professional Planner is the leading voice for financial planners where they can learn about industry standards, get news, information, debate and develop new ideas.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Leave a Comment
You must be logged in to post a comment.