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BUZZ-Australia's Insignia Financial rises on report Brookfield considering bid

ReutersJan 10, 2025 12:28 AM

** Shares of Insignia Financial IFL.AX rise as much as 2.5% to A$4.140, their highest since early-November 2021

** Canadian asset manager Brookfield BAM.TO mulls bid for Insignia Financial - media report

** Insignia Financial has already received offers from CC Capital Partners and Bain Capital; CC Capital's offer is higher than that of Bain Capital

** Money manager Insignia Financial says no proposals received from Brookfield

** Stock gained 51.7% last year

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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