Closing in 2026, Pending Key Approvals
Shareholders are expected to vote on the acquisition in the first half of 2026, with closing to follow soon after, provided the deal clears hurdles from:
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The Australian Prudential Regulation Authority (APRA)
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The Foreign Investment Review Board (FIRB)
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The Federal Court of Australia
Insignia CEO Scott Hartley expressed confidence in the deal, calling it a “transformational opportunity” that delivers value to shareholders while accelerating strategic goals for customers, members, and advisers.
Board Endorsement and the Road Ahead
Insignia’s board is unanimously backing the buyout, citing its premium valuation and the absence of a superior proposal. As global capital eyes Australia’s booming retirement sector, this acquisition could signal a new wave of consolidation driven by international private equity players.
