Brookfield, a North American private equity firm that owns Australia’s hospital operator Healthscope and retirement operator Aveo, initially bid $4.60 per share for the business, but now the ...

SYDNEY--Bain Capital will get a look at Insignia Financial's books after it sweetened its offer for the Australian wealth manager to about US$2.12 billion. Insignia on Friday said that it would ...

Australian wealth manager Insignia Financial received a 2.7 billion Australian dollars (US$1.7 billion) non-binding takeover proposal from Boston-based Bain Capital. Under terms of the proposal ...

SYDNEY–Bain Capital will get a look at Insignia Financial’s books after it sweetened its offer for the Australian wealth manager to about US$2.12 billion. Insignia on Friday said that it would ...

Insignia is the subject of a three-way bidding tussle after investment and private equity giant Brookfield early this month made a $3.1bn non-binding offer, matching separate bids from rivals Bain ...

SYDNEY--Bain Capital will get a look at Insignia Financial's books after it increased its proposal for the Australian wealth manager to about US$2.12 billion. Insignia on Friday said that it would ...

Australian shares fell on Friday as financial stocks declined, and were set for their third straight weekly drop, although Insignia Financial soared after receiving raised takeover offers.