Brookfield emerges as the third suitor for Insignia, also offering A$3.07 billion and sparking a three-way bidding war for the Aussie wealth manager. Copyright 2025 Thomson Reuters.
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Insignia Financial said on Thursday it has received an improved offer from U.S.-based Bain Capital to acquire the money manager for A$3.07 billion ($1.92 billion), matching rival CC Capital Partners' ...
Chris Todd, most recently CEO of the software company UKG, took the reins at the Berwyn, Pa.-based firm on Tuesday, Envestnet said. Todd succeeds interim CEO Jim Fox, who took the top spot last spring ...
The wealth tech giant's new chief executive brings nearly two decades of experience, most recently at the helm of a privately held software firm.
CC Capital Partners has topped the most recent bid by Bain Capital to acquire Insignia Financial, lobbing a fresh offer of $4.60 per share. Bain Capital first made a move for Insignia Financial in ...
That’s after rival bidder Bain Capital matched the previous $2.9 billion ... but “tariffs and sanctions are going to be put in the background”, he said. A week ago, the Biden administration ...
CC Capital sweetened its bid to A$4.60 per share, Insignia said in a statement Friday. That tops its earlier approach and a separate offer from Bain Capital by 7%. The shares added as much as 4.8% ...
Bain Capital has acquired a minority stake in Dhoot Transmission, an Aurangabad-based manufacturer of automotive components, for an undisclosed valuation, said the private equity firm in a statement.