WHSP raises stake in Australian fund manager Perpetual

Washington H. Soul Pattinson and

12/12/2023 07:52

Dec 12 (Reuters) - Perpetual Ltd's  PPT.AX  top
investor, Australian diversified investment firm Washington H.
Soul Pattinson and Company (WHSP)  SOL.AX , has increased its
stake in the company to 11.66%, according to an exchange filing
on Tuesday.
    The stake increase comes after the fund manager rejected
WHSP's A$3.1 billion ($2.04 billion) takeover offer last week.  

($1 = 1.5165 Australian dollars)

 (Reporting by Nausheen Thusoo in Bengaluru; Editing by Rashmi
Aich)
 ((Nausheen.Thusoo@thomsonreuters.com;))