Insignia Financial Ltd ( (AU:IFL) ) has shared an update.
Insignia Financial Ltd has announced an extension of the exclusivity period for proposals from Bain Capital Private Equity and CC Capital Partners to acquire all shares in the company. This extension allows the bidders additional time to finalize debt funding and due diligence. While there is no certainty that the proposals will result in a transaction, Insignia Financial will continue to update the market as per its disclosure obligations.
More about Insignia Financial Ltd
With origins dating back to 1846, Insignia Financial Ltd 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: 20.87%
Technical Sentiment Signal: Sell
Current Market Cap: $1.56B
For an in-depth examination of IFL stock, go to TipRanks’ Stock Analysis page.