• Insignia Financial received a confidential, non-binding proposal from CC Capital to acquire the company
• Proposed price of A$4.30 per share, representing a 7.5% premium to Bain Capital's previous offer
• Proposal subject to due diligence, binding agreement, and regulatory approvals

Insignia Financial Ltd (ASX: IFL) has received a confidential, non-binding and indicative proposal from CC Capital Partners, LLC to acquire all of the shares in Insignia Financial by way of a scheme of arrangement at a price of A$4.30 cash per share, adjusted for any dividends paid or payable. This proposed price represents a 7.5% premium to Bain Capital's non-binding indicative proposal of $4.00 cash per share received on 12 December 2024. The Indicative Proposal from CC Capital is subject to a number of conditions, including satisfactory completion of due diligence on an exclusive basis, execution of a binding scheme implementation agreement, a unanimous recommendation from the Insignia Financial Board of Directors, and approval from CC Capital's investment committee, the Foreign Investment Review Board, and the Australian Prudential Regulation Authority. The Insignia Financial Board, together with its financial and legal advisers, is considering the Indicative Proposal to assess whether it is in the best interests of shareholders to engage with CC Capital. There is no certainty that the Indicative Proposal will result in a binding offer or that any transaction will eventuate. Insignia Financial will continue to keep the market informed in accordance with its continuous disclosure obligations.