Wealth and Asset Management
Insignia Financial gets $1.8bn buyout bid from CC Capital
Australian wealth manager Insignia Financial has secured an indicative non-binding buyout offer from CC Capital Partners, a family office led by ex-Blackstone dealmaker Chinh Chu. The offer, valued at A$2.9bn ($1.8bn), could lead to a takeover by way of a scheme of arrangement at A$4.30 cash per share, adjusted for…
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