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;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.