MELBOURNE: Insignia Financial Ltd. (ASX: IFL), a leading Australian wealth manager, announced on March 7, 2025, that it has received revised non-binding takeover proposals from Bain Capital Private Equity, LP, and CC Capital Partners, LLC. Both firms have offered to acquire all shares in Insignia Financial at A$5.00 per share, representing an 8.7% increase from their…
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CC Capital Partners offer to acquire Insignia Financial Ltd for A$4.3 per share
SYDNEY: Insignia Financial Ltd (ASX: IFL) announced on January 3 that it has received a confidential, non-binding, and indicative proposal from CC Capital Partners, LLC to acquire all shares in Insignia Financial through a scheme of arrangement. The proposal offers A$4.30 cash per share, adjusted for any dividends paid or payable post-proposal, with an alternative…
Insignia Financial appoints Scott Hartley as Chief Executive Officer
SYDNEY, AUSTRALIA: Insignia Financial (ASX: IFL) announce the appointment of Scott Hartley as Chief Executive Officer (“CEO”) of Insignia Financial. Scott joins Insignia Financial following an extensive search to replace Renato Mota, whose departure was announced in late October. Scott will commence in his role as CEO on 1 March 2024 and will join the…
Insignia Financial sells investment bond business to Australian Unity for $40m
SYDNEY, AUSTRALIA: Insignia Financial Ltd (ASX: IFL), a financial services company, has announced that it has agreed to sell its investment bond business to Australian Unity Ltd (ASX: AYU), a mutual organisation, for up to $40 million. The deal involves the divestment of IOOF Ltd, a friendly society that provides a range of investment bonds,…