Brookfield Capital joins Bain and CC in bidding war for Insignia Financial, offering A$4.60 per share.

Brookfield Capital Partners has joined Bain Capital and CC Capital Partners in a bidding war for Australian wealth management firm Insignia Financial, offering A$4.60 per share, valuing the company at about A$3.1 billion. Each firm is aiming to capitalize on Australia's large superannuation system. Insignia has granted Brookfield limited access to its financial records to potentially improve the offer.

2 months ago
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