Brookfield Capital Partners Joins Bidding for Insignia Financial Ltd
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Brookfield Capital Partners (UK) Ltd. has joined the bidding for Insignia Financial Ltd. with an offer of A$4.60 per share, matching competitors Bain Capital and CC Capital Partners.
Brookfield Capital Partners (UK) Ltd. has entered the bidding frenzy for Insignia Financial Ltd., competing with Bain Capital and CC Capital Partners for the Australian wealth management firm.
Brokefield has offered A$4.60 per share for Insignia, and has been granted limited access to its financial books, as stated in a Wednesday announcement from Insignia. This offer matches that of Bain Capital and CC Capital Partners, placing a valuation on Insignia at approximately A$3.1 billion (1.9 billion USD).
