Feb 5 (Reuters) - New York-headquartered asset manager

Brookfield has emerged as the latest private equity

firm seeking to buy Australian wealth manager Insignia Financial ( IOOFF )

, joining the bidding frenzy by matching the offers by

rivals.

Brookfield's A$4.60 per share offer on Wednesday values

Insignia at A$3.07 billion ($1.9 billion) and has got it limited

access to the wealth manager's books.

The other bidders, Bain Capital and CC Capital Partners,

have also bid for Insignia at A$4.60 apiece and have limited

access to the money manager's books.

Insignia's stock rose 7.6% to A$4.65 on Wednesday,

surpassing the latest offer price for the first time since the

initial bid from Bain was tabled in late 2024.

Here is a timeline of events since:

Dec. 12, 2024

Insignia shares soared over 10% in the final few minutes after

the Australian Financial Review reported that Bain Capital was

in advanced stages of making an offer for the firm.

Dec. 13, 2024

Insignia said it had received a non-binding all-cash takeover

proposal from Bain Capital, valuing the Australian company at

A$2.67 billion.

Dec. 18, 2024

Insignia rejects Bain Capital's takeover bid, saying the offer

does not provide fair value to its shareholders, creating a

barrier for the buyout giant's Asia expansion plans.

Jan. 6, 2025

Insignia receives an A$2.87 billion takeover offer from CC

Capital Partners - a family office set up by former top

Blackstone dealmaker Chinh Chu, topping Bain's bid.

Jan. 10, 2025

Insignia responds to media reports, saying that it has not

received an offer from buyout giant Brookfield. Its shares gain

to hover around A$4.14.

Jan. 13, 2025

The bidding war escalates as Insignia reveals that Bain has

sweetened its bid, now valuing the firm at A$2.87 billion,

matching CC Capital's offer.

Jan. 17, 2025

CC Capital sweetens its offer to A$3.07 billion, the first time

a bidder offers A$4.60 apiece.

Jan. 20, 2025

Insignia provides CC Capital access to non-public information to

help determine whether the U.S.-based suitor can improve its

proposal.

Jan. 23, 2025

Bain matches CC Capital's offer, pushing Insignia shares to a

high of A$4.55 that day.

Feb. 5, 2025

Brookfield emerges as the third suitor for Insignia, also

offering A$3.07 billion and sparking a three-way bidding war for

the Aussie wealth manager.

($1 = 1.6013 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by

Mrigank Dhaniwala)