Brief: Insignia Financial Receives Revised Indicative Non-Binding Proposal
Jan 13 (Reuters) - Insignia Financial Ltd IFL.AX :
* IFL RECEIVES REVISED INDICATIVE NON-BINDING PROPOSAL
* RECEIVED A REVISED NON-BINDING AND INDICATIVE PROPOSAL
FROM BAIN
CAPITAL TO ACQUIRE ALL OF SHARES IN INSIGNIA FINANCIAL
* BAIN CAPITAL TO ACQUIRE ALL OF SHARES IN CO AT A PRICE OF
A$4.30
CASH PER SHARE
* BAIN OPEN TO PROVIDE SHAREHOLDERS TO RECEIVE PROPORTION OF
THEIR
TOTAL CONSIDERATION AS SCRIP IN ULTIMATE CONTROLLED ENTITY
Further company coverage: IFL.AX
((Reuters.Briefs@thomsonreuters.com;))
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