BRIEF-IFL Receives Indicative Non-Binding Proposal From CC Capital Partners

Reuters

2025/01/06

Jan 6 (Reuters) - Insignia Financial Ltd :

* IFL RECEIVES INDICATIVE NON-BINDING PROPOSAL-IFL.AX

* RECEIVED A CONFIDENTIAL, NON-BINDING AND INDICATIVE PROPOSAL FROM CC CAPITAL PARTNERS, LLC

* TO ACQUIRE ALL OF SHARES IN INSIGNIA FINANCIAL AT A PRICE OF A$4.30 CASH PER SHARE

* INDICATIVE PROPOSAL REPRESENTS A 7.5% PREMIUM TO BAIN CAPITAL'S NON-BINDING INDICATIVE PROPOSAL OF A$4.00 CASH PER SHARE

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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