Bain Capital sweetens Insignia bid
Insignia Financial has confirmed receiving a revised non-binding and indicative proposal from Bain Capital.
The company confirmed to the Australian Securities Exchange (ASX) that Bain had sweetened its offer to $4.30 cash per share (adjusted for any dividends paid or payable after the date of the Revised Indicative Proposal).
It said the revised proposal represents a 7.5% premium on Bain’s original non-binding proposal of $4 cash per share lodged in December.
Insignia’s board said it is considering the revised proposal.
Please explain ?
Surveying members that received full comprehensive Advice from external Advisers, and using that very positive research to promote their own…
CFS is simply going direct to the consumer and bypassing financial advisers. Nothing to commend.
Does no one read articles these days ? FFS
I have recently been discussing using CFS again with their staff. It's hard to support when they are competition as…