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Insignia Financial Ltd ( (AU:IFL) ) has provided an update.
Insignia Financial Ltd is currently in discussions with CC Capital Partners regarding a non-binding proposal to acquire all of its shares through a scheme of arrangement. While these discussions are ongoing, there is no certainty that they will lead to a transaction for shareholders to consider. Insignia Financial has committed to keeping the market informed in line with its disclosure obligations.
The most recent analyst rating on (AU:IFL) stock is a Sell with a A$2.21 price target. To see the full list of analyst forecasts on Insignia Financial Ltd stock, see the AU:IFL Stock Forecast page.
More about Insignia Financial Ltd
Insignia Financial Ltd, with origins dating back to 1846, is a leading Australian wealth manager providing financial advice, superannuation, wrap platforms, and asset management services to members, financial advisers, and corporate employers.
YTD Price Performance: 17.46%
Average Trading Volume: 1,822,097
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.79B
Learn more about IFL stock on TipRanks’ Stock Analysis page.