IFL 1.11% $3.19 insignia financial ltd

"Remember as well ANZ wealth was bought on 25x earnings for...

  1. 7,936 Posts.
    lightbulb Created with Sketch. 1554
    "Remember as well ANZ wealth was bought on 25x earnings for $975m.
    This is a massive multiple. "


    It is indeed a massive multiple.
    But thought it was acquired for a lot less than 25x underlying earnings?
 
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