Scheme Withdrawn Sponsor buyer
Bain Capital acquisition of Insignia Financial
Announced 13 Jan 2025 · ASX: IFL · A$5.00 cash per share · 63% premium
Advisers
- Target
- Insignia Financial
- Acquirer
- Bain Capital
- Structure
- Scheme of arrangement
- Sector
- Asset and wealth management
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Sources
- 13 Dec 2024 Insignia ‘considering’ acquisition proposal from US private equity player investordaily.com.au
- 18 Dec 2024 Insignia rejects $2.7bn Bain takeover bid investordaily.com.au
- 13 Jan 2025 IFL Receives Revised Indicative Non-Binding Proposal ASX
- 13 Jan 2025 Private equity giant makes fresh bid for Insignia investordaily.com.au
- 23 Jan 2025 Further revised indicative proposal from Bain Capital ASX
- 7 Mar 2025 IFL receives revised indicative non-binding proposals ASX
- 15 May 2025 Morningstar says Insignia takeover race not over yet as CC Capital remains in play investordaily.com.au
- 21 Jul 2025 Insignia takeover still on hold as PE bids dry up investordaily.com.au