13 January 2025

© Reuters. The Bain Capital logo is displayed on screen during a press conference in Tokyo, Japan on October 5, 2017. Photograph: Kim Kyung-hoon/Reuters.

(Reuters) – Australian private equity firm Bain Capital has improved its bid for the 178-year-old wealth management firm, now valuing it at 2.87 billion Australian dollars (1.76 billion U.S. dollars), Australia's Insignia Financial said on Monday, weeks after Insignia rejected its offer. Previous Bain.

($1 = 1.6279 Australian dollars)

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