Brookfield has pulled out of the $3.4 billion private equity bidding war for storied wealth management firm Insignia Financial after being out-gunned by rival bidders Bain and CC Capital.

SYDNEY–Brookfield Asset Management made a US$1.93 billion proposal for Insignia Financial, becoming the Australian wealth manager’s third suitor. Insignia on Wednesday said that Brookfield ...

There was talk that CC Capital may be less keen on the target, but now Brookfield is the group said to be on the fringes. Shares in Insignia Financial closed at $4.26 on Thursday. CC Capital, ...

Insignia on Wednesday said it would open its books to Brookfield in the hopes of enticing a higher offer from the investment giant, a move that drove the company’s share price up 7 per cent to $ ...

Insignia stock at over 3-and-a-half-year high Brookfield's position uncertain Bain, CC hike per-share offer to A$5 March 7 (Reuters) - Insignia Financial (IFL.AX), opens new tab has granted access ...

Brookfield Asset Management entered the tussle last month at the same price. Insignia would not comment on whether its engagement with Brookfield was still ongoing. Brookfield, which already owns ...

February 5, 2025 From Bain to Brookfield: Battle for Insignia sparks three-way bidding war New York-headquartered asset manager Brookfield has emerged as the latest private equity firm seeking to ...