Bain Capital sweetens bid for Australia’s Insignia Financial to nearly $1.8 billion By Reuters


© Reuters. The Bain Capital logo is shown on screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon/File Photo

(Reuters) – Australia’s Insignia Financial said on Monday private equity firm Bain Capital had sweetened its bid for the 178-year-old wealth manager, which it now values ​​at A$2.87 billion ($1.76 billion), weeks after Insignia rejected Bain’s earlier offer.

($1 = 1.6279 Australian dollars)





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