(Reuters) – Australia’s Insignia Financial stated on Monday, exclusive equity company Bain Capital has actually sweetened its proposal for the 178-year-old riches supervisor, currently valuing it at A$ 2.87 billion ($ 1.76 billion), weeks after Insignia turned down Bain’s earlier deal.
($ 1 = 1.6279 Australian bucks)
(Reporting by Rajasik Mukherjee in Bengaluru; editing and enhancing by Diane Craft)