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Bain Capital has made a Quote of 2.7 billion Australian Dollar to acquire the Australian financial services company Insignia.
Glory Exchange, December 13th | According to Reuters, USA private equity giant Bain Capital proposed to acquire Australian financial services company Insignia Financial, with a transaction value of approximately 2.7 billion Australian Dollars (about 1.7 billion USD). According to a statement on Friday, Insignia received a non-binding indicative offer of 4 Australian Dollars per share on Thursday, which the company will consider. The listed wealth management company in Australia has become an attractive acquisition target for foreign Fund management companies, and Insignia's Business includes Fund management and Consulting Services. According to Insignia's website,
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