A former three-way contest with CC Capital and New York-headquartered asset manager Brookfield is now down to CC Capital as the sole bidder. Insignia's stock dropped as much as 15.6% to A$3.37 ...

SYDNEY–Brookfield Asset Management made a US$1.93 billion proposal for Insignia Financial, becoming the Australian wealth manager’s third suitor. Insignia on Wednesday said that Brookfield ...

Brookfield offers A$4.60/share, matches Bain and CC Capital Insignia shares trade higher than offer price Insignia shares surged as much as 7.6% to a three-year high of A$4.65, slightly higher ...

A third suitor, Brookfield Asset Management, had previously walked away from making a bid, according to media reports. Insignia's shares sank 15.8% to end the day at A$3.37, below the A$5-per ...

Brookfield Capital Partners (UK) Ltd. entered the bidding frenzy for Insignia Financial Ltd., joining Bain Capital and CC Capital Partners with an offer for the Australian wealth management firm.

It is unclear if Brookfield is using banking or legal advisers, but The Australian understands the firm is working on a potential tilt at Insignia, formerly IOOF. Sources said Brookfield was yet ...

Insignia on Wednesday said it would open its books to Brookfield in the hopes of enticing a higher offer from the investment giant, a move that drove the company’s share price up 7 per cent to $ ...

May 14 (Reuters) - Australia's Insignia Financial (IFL.AX), opens new tab said on Wednesday that Bain Capital has pulled its buyout offer due to volatile financial markets, but the money manager ...

Global investment giant Brookfield is considering lighting the fuse on a bidding war by making an offer for Insignia, which is already assessing CC Capital Partners’ pitch, sources say.