Australia's Insignia Financial rises on report Brookfield considering bid
10/01/2025 24:28
** Shares of Insignia Financial IFL.AX rise as much as
2.5% to A$4.140, their highest since early-November 2021
** Canadian asset manager Brookfield BAM.TO mulls bid for
Insignia Financial - media report
** Insignia Financial has already received offers from CC
Capital Partners and Bain Capital; CC Capital's offer is higher
than that of Bain Capital
** Money manager Insignia Financial says no proposals
received from Brookfield
** Stock gained 51.7% last year
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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