Bain Capital drops bid for Australia's Insignia Financial

Reuters

2025/05/14

May 14 (Reuters) - Insignia Financial IFL.AX on Wednesday said Bain Capital has pulled out of making a binding bid for the Australia-based wealth management firm, citing volatility in global capital market.

(Reporting by Roshan Thomas in Bengaluru; Editing by Leroy Leo)

((Roshan.Thomas@thomsonreuters.com;))

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