SYDNEY–Bain Capital will get a look at Insignia Financial’s books after it sweetened its offer for the Australian wealth manager to about US$2.12 billion. Insignia on Friday said that it would ...

SYDNEY--Bain Capital will get a look at Insignia Financial's books after it sweetened its offer for the Australian wealth manager to about US$2.12 billion. Insignia on Friday said that it would ...

If successful, the deal would be the New York-based firm’s first major investment into Australia. Insignia provides superannuation, financial advice and asset management services. It had A$319 ...

With $180bn in funds under management, Insignia will be a flagship client in Australia, he added. Insignia in December announced plans to outsource admin services for its Master Trust business to ...

Insignia said on Friday the two firms that are now vying for control of one of Australia's largest wealth management firms had increased their per-share offers to A$5 each — an 8.7% premium over ...

Australian shares fell on Friday as financial stocks declined, and were set for their third straight weekly drop, although Insignia Financial soared after receiving raised takeover offers.

Insignia shares surged 12 per cent at the open to $4.77. Earlier this week the stock was trading at $3.98, its lowest point since early January. As reported earlier by The Australian’s ...