The battle to acquire control of Insignia Financial has seen its share price jump around 35 per cent in less than a month, with Morningstar arguing the firm has been undervalued.
Morgan Stanley analysts have upgraded their rating and price target for Insignia Financial citing competitive strategic interest in the wealth manager.
A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms, including KKR & ...
Researcher Morningstar believes a recent spate of acquisition proposals of Insignia Financial by private equity proves the ...
ASX-listed wealth giant Insignia Financial has received a non-binding, indicative proposal from private equity firm CC Capital Partners.
Perpetual has appointed Equity Trustees (EQT) to oversee two of its superannuation products as the new trustee.
SYDNEY: Insignia Financial shares shot up to a three-year high yesterday after it revealed a A$2.87bil (US$1.78bil) takeover ...
Shares of banks and other financial institutions fell slightly amid concerns about global economic and market stability. Australian wealth manager Insignia Financial said it received a takeover ...
The latest offer is contingent on satisfactory due diligence, a unanimous board recommendation, and regulatory approvals.
The family office set up by a 25-year veteran and former head of private equity at Blackstone has launched a takeover bid for ...