Insignia Takeover Battle Ends as CC Capital Strikes A$3.3 Billion Deal
Today's must-reads:
• CC Capital Partners buys Insignia
• New Zealand's exports fall
• RBA chooses cautious approach
CC Capital Partners agreed to acquire Insignia Financial for A$4.80 a share in cash, valuing the Australian wealth manager at about A$3.3 billion, ending a months-long bidding tussle.
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