The new chief executive says the sale of its wealth management unit is necessary to lower its debt, as he doubles down on ...
Australia’s Perpetual ended talks with KKR about a potential asset sale to the U.S. buyout firm, and will instead look to ...
Australia's Perpetual Ltd has terminated talks with KKR for the A$2.2 billion ($1.4 billion) sale of its wealth management ...
Perpetual's net profit after tax (NPAT) crumbled because of its simplification program, strategic review, and the fallout from its dead KKR deal.
Australia-based Perpetual has terminated its “Scheme of Arrangement”” with KKR, following the Independent Expert's Report ...
The 139-year-old conglomerate had proposed the sale to the private equity giant more than a year ago. It will try to sell ...
Perpetual has posted a 65 per cent plunge in net profit, largely due to its strategic review, failed scheme of arrangement ...
Perpetual shares have dropped from the open today as the company's potential deal with KKR is called off. Let's dive in.
Perpetual Ltd. said it will pursue the sale of its wealth management business after rejecting the latest offer from KKR & Co., as the Australian financial services firm attempts to lure new offers.
Negotiations on the financial details of the updated proposal are ongoing, with shareholder profits still to be finalised.
Perpetual has walked away from its $2.18bn break-up deal with KKR after rejecting the private equity giant’s last-ditch offer ...
SYDNEY, Feb 24 (Reuters) - Australia's Perpetual Ltd (PPT.AX), opens new tab has terminated talks with KKR (KKR.N), opens new tab for the A$2.2 billion ($1.4 billion) sale of its wealth management ...