{"id":75289,"date":"2025-01-13T09:53:57","date_gmt":"2025-01-12T22:53:57","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=75289"},"modified":"2025-01-16T14:25:08","modified_gmt":"2025-01-16T03:25:08","slug":"bain-capital-ups-the-ante-on-insignia-offer","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2025\/01\/13\/bain-capital-ups-the-ante-on-insignia-offer\/","title":{"rendered":"Bain Capital ups Ante on Insignia Offer"},"content":{"rendered":"<p>Two private equity firms are slugging it out to acquire Insignia Financial. <a href=\"https:\/\/www.baincapital.com\/\" target=\"_blank\" rel=\"noopener\">Bain Capital<\/a> has increased its offer for the insurer by putting $4.30 a share on the table, matching\u00a0<a href=\"https:\/\/cc.capital\/\" target=\"_blank\" rel=\"noopener\">CC Capital<\/a>&#8216;s 3 January offer.<\/p>\n<p>The revised proposal represents a 7.5% premium to Bain Capital\u2019s original non-binding proposal of $4 cash per share announced 12 December 2024.<\/p>\n<p>Bain Capital states it is open to discussing a\u00a0transaction structure that would provide Insignia Financial shareholders with an opportunity to receive a proportion of their total consideration as scrip consideration in the ultimate Bain Capital-controlled holding entity of Insignia Financial.<\/p>\n<p>The board of Insignia is considering the proposal in parallel with its consideration of the CC Capital Proposal.<\/p>\n<p>There is no certainty that either proposal will result in a binding offer or that any transaction will eventuate, states Insignia.<\/p>\n<p>See our report: <a href=\"https:\/\/riskinfo.com.au\/news\/2025\/01\/06\/bidding-war-for-insignia-financial\/\" target=\"_blank\" rel=\"noopener\">Bidding War for Insignia Financial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two private equity firms are slugging it out to acquire Insignia Financial. Bain Capital has increased its offer for the insurer by putting $4.30 a share on the table, matching\u00a0CC Capital&#8216;s 3 January offer. The revised proposal represents a 7.5% premium to Bain Capital\u2019s original non-binding proposal of $4 cash per share announced 12 December [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":75293,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,3],"tags":[],"class_list":["post-75289","post","type-post","status-publish","format-standard","has-post-thumbnail","category-company-news","category-general"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/75289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=75289"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/75289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/75293"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=75289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=75289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=75289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}