Insignia Financial (IFL AU): Bain Walks Due To "Macro Uncertainty". CC Capital's Still In. For Now
You could see this coming. With due diligence expected to close on the 15th May, Bain has notified Insignia Financial (IFL AU) it won't proceed due to macro uncertainties.
Discussions remain ongoing with CC Capital. No fixed timeline on those talks, although it appears negotiations will extend beyond the 15th May.
NBIOs were not an ideal place to hide amid Trump’s trade war. They still aren't. Insignia is down 14.9% as I type.
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