Australia's Perpetual ends talks with KKR for its wealth, trust units
23/02/2025 22:48
Feb 24 (Reuters) - Australia's Perpetual Ltd PPT.AX on Monday said it has terminated its support for a takeover deal with buyout firm KKR KKR.N for its wealth management and corporate trust businesses, after an independent expert deemed it not in the best interests of shareholders. (Reporting by Roshan Thomas in Bengaluru, editing by Deepa Babington) ((Roshan.Thomas@thomsonreuters.com;))
Recent news on Perpetual
See all newsBrief: Perpetual Says Total AUM At A$212.0 Billion As At Sept 30, 2026
Factbox: Private equity, foreign investors fuel Aussie M&A activity in 2026
Citi slashes price target for Australia's Perpetual as EQT pursuit ends
Australia's Perpetual falls after rejecting EQT's latest bid; Citi downbeat on business outlook
Brief: Perpetual Rejects Further Revised Proposal From EQT