Bain Capital sweetens bid for Australia's Insignia Financial to nearly $1.8 bln
12/01/2025 21:40
Jan 13 (Reuters) - Australia's Insignia Financial said
on Monday, private equity firm Bain Capital has sweetened its
bid for the 178-year-old wealth manager, now valuing it at
A$2.87 billion ($1.76 billion), weeks after Insignia rejected
Bain's earlier offer.
($1 = 1.6279 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru; editing by Diane
Craft)
((Rajasik.Mukherjee@thomsonreuters.com;))
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