Picture of Insignia Financial logo

IFL — Insignia Financial News Story

0.000.00%
au flag iconLast trade - 00:00
FinancialsBalancedMid Cap

Brief: Insignia Financial Receives Revised Indicative Non-Binding Proposals

March 7 (Reuters) - Insignia Financial Ltd IFL.AX:

IFL RECEIVES REVISED INDICATIVE NON-BINDING PROPOSALS

RECEIVED INDICATIVE PROPOSALS FROM EACH OF BAIN CAPITAL AND CC CAPITAL PARTNERS

BIDDERS SUBMIT PROPOSALS AT A$5.00 CASH PER SHARE

IFL BOARD WILL PROVIDE BOTH PARTIES ACCESS TO CONFIRMATORY DUE DILIGENCE THAT IS EXPECTED TO BE COMPLETED WITHIN 6 WEEKS.

Further company coverage: IFL.AX

 ((Reuters.Briefs@thomsonreuters.com;))

Recent news on Insignia Financial

See all news