(Bloomberg) -- Insignia Financial Ltd. gave CC Capital Partners access to some of its accounts for a limited time as it attempts to lure the US firm into a higher offer for the Australian wealth manager.
Most Read from Bloomberg
“The provision of limited due diligence does not guarantee that the CC Capital revised indicative proposal will result in a binding offer or one that is capable of being recommended by the board of Insignia,” Insignia said in a statement Monday.
CC Capital last week raised its takeover offer to A$4.60 per share, or about A$3.1 billion ($1.9 billion). It’s battling with Bain Capital as the overseas players try to get access to the growing pensions market.
Most Read from Bloomberg Businessweek
©2025 Bloomberg L.P.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。