Australia's Perpetual knocks down EQT's revised $1.75 billion takeover bid
17/07/2026 08:10
Australia's Perpetual knocks down EQT's revised $1.75 billion takeover bid July 17 (Reuters) - Australia's Perpetual said on Friday it has rejected private equity firm EQT AB's sweetened A$2.5 billion ($1.75 billion) takeover offer, saying the proposal undervalued the financial services provider.
($1 = 1.4318 Australian dollars)
(Reporting by Rajasik Mukherjee)
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