”...Furthermore, CC Capital and Insignia have crossed paths before. The Australian Financial Review Street Talk column reported in 2020 that CC Capital was in the running for MLC Wealth when it was owned by big four bank NAB.
Insignia, then still known as IOOF before its rebranding, beat CC Capital in the auction for MLC. Only a few years later, CC Capital is aiming for Insignia itself. Insignia’s board now has time to weigh up the options. Whether Insignia shareholders are willing to accept the proposal or if Bain wants to match CC Capital’s offer will be revealed in due course...”
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)