Carlyle Leads $387 Million Preferred Equity for CC Capital's Bid
CC Capital — the family office of former Blackstone Inc. executive Chinh E Chu — together with alternative investment firm One Investment Management, agreed to acquire Insignia for A$4.80 per share, in a deal worth around A$3.3 billion. The sale had also attracted interest from Bain Capital and Brookfield Capital Partners, Bloomberg previously reported.
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