FilingReader Intelligence

Insignia Financial profit jumps 17.6%, agrees $4.80 takeover

August 25, 2025 at 08:08 AM UTCBy FilingReader AI

Insignia Financial reported underlying net profit of $254.8m for FY25, up 17.6% from the previous year, driven by higher funds under management and $60m in cost reductions.

The company agreed to a takeover by CC Capital at $4.80 per share, representing a 57% premium to shareholders.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:IFLAustralian Securities Exchange

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