Australia's Insignia agrees to $2.2 billion all-cash takeover by CC Capital
21/07/2025 23:50
July 22 (Reuters) - Australia's Insignia Financial Ltd IFL.AX said on Tuesday it has agreed to an all-cash takeover offer from investment manager CC Capital, valuing the wealth management firm's equity at A$3.3 billion ($2.15 billion). ($1 = 1.5337 Australian dollars) (Reporting by Roushni Nair in Bengaluru; Editing by Alan Barona) ((Roushni.Nair@thomsonreuters.com))
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