From the AFR today-
Street Talk can reveal that, despite the radio silence, CC Capital is still very much at the table and keen to secure a foothold in the Australian financial services market.
Sources said securing debt funding for its $3.4 billion bid has emerged as the sticking point for CC Capital.
Once CC has found a lender syndicate, its dealmakers can be expected to weigh if their $5 bid is worth sticking to.
Deutsche Bank-advised CC Capital will also be weighing up whether Insignia would accept anything lower than $5.
Ann: Update on status of discussions with bidders, page-148
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Last
$4.51 |
Change
0.015(0.33%) |
Mkt cap ! $3.021B | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.51 | $4.49 | $1.866M | 414.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 108048 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 425386 | 29 |
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| Last trade - 11.37am 01/08/2025 (20 minute delay) ? |
| IFL (ASX) Chart |