Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
98,165.52
(0.46%)
USD/AUD
0.62
0.07%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,021.77
(0.37%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%

Perpetual (ASX: $PPT) updates on proposed acquisition transaction

Perpetual Limited's transaction update


Perpetual (ASX:PPT) has provided an update on its proposed transaction with an affiliate of KKR. The transaction involves the acquisition of Perpetual's Wealth Management and Corporate Trust businesses. An Independent Expert has raised concerns about potential tax liabilities, questioning the transaction's alignment with shareholder interests. Negotiations continue with KKR, and Perpetual will keep the market informed.

Perpetual's strategic outlook on proposed transaction


Perpetual Limited has announced continued negotiations with KKR regarding the acquisition of its Wealth Management and Corporate Trust businesses. Despite concerns about potential tax liabilities raised by an Independent Expert, Perpetual is proceeding with discussions and is committed to updating the market as per disclosure obligations. The company emphasizes that shareholders need not take any action at present. Perpetual aims to ensure that any transaction aligns with shareholder interests and continues to focus on its global financial services operations, including its multi-boutique asset management and trustee services.

Executive insight on transaction concerns


The Independent Expert has indicated concerns about potential tax liabilities that could arise if the transaction proceeds, suggesting that it may not align with the best interests of the shareholders.

PERPETUAL LIMITED
PPT | ASX | Financials
200.15(+0.76%)
At close 24/12 (AEDT)
Market cap
$2.3B
Volume
72,190
DY Yield
0.0602
PE Ratio
52 Week Range
17.84 - 26.27
1YR Return
N / A

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