Australia's Perpetual gets sweetened $1.75 billion bid from EQT

Perpetual

15/07/2026 10:36

    July 15 (Reuters) - Australia's Perpetual PPT.AX said on Wednesday it had received a sweetened non-binding takeover proposal from Swedish private equity firm EQT AB EQTAB.ST, valuing the financial services provider at A$2.50 billion ($1.75 billion).
Earlier this month, Perpetual had rejected EQT's A$2.45 billion bid. 

($1 = 1.4310 Australian dollars)

 (Reporting by Rajasik Mukherjee; Editing by Vijay Kishore)
 ((Rajasik.Mukherjee@thomsonreuters.com;))