Australia's Perpetual rejects $1.69 billion takeover offer from EQT-controlled firm
01/07/2026 08:24
Australia's Perpetual rejects $1.69 billion takeover offer from EQT-controlled firm July 1 (Reuters) - Australia's Perpetual PPT.AX said on Wednesday it has rejected a non-binding indicative proposal from Windflower, an entity indirectly controlled by EQT AB EQTAB.ST, to buy the wealth manager in a A$2.45 billion ($1.69 billion) deal.
Under the proposal, Windflower offered A$21.64 in cash per Perpetual share.
($1 = 1.4516 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru; Editing by Subhranshu Sahu)
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