News: PPT Perpetual Announces Rejection Of Conditional, Non-Binding Indicative Proposal

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Nov 3 (Reuters) - Perpetual Ltd (PPT) :

    • REJECTION OF CONDITIONAL, NON-BINDING INDICATIVE PROPOSAL
    • INDICATIVE PROPOSAL OF A$30.00 CASH PER SHARE 1 MATERIALLY UNDERVALUES PERPETUAL
    • GOT UNSOLICITED CONDITIONAL, NON-BINDING INDICATIVE PROPOSAL FROM A CONSORTIUM COMPRISING BPEA PRIVATE EQUITY FUND VIII AND REGAL PARTNERS
    • PERPETUAL IS COMMITTED TO PROGRESSING ITS ACQUISITION OF PENDAL GROUP
    • BOARD BELIEVES THAT IT IS NOT IN BEST INTERESTS OF ITS SHAREHOLDERS TO ENGAGE ON THIS OFFER AND HAS THEREFORE REJECTED OFFER
    • BOARD ADVISES SHAREHOLDERS TO TAKE NO ACTION AT THIS TIME
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$19.38
Change
-0.160(0.82%)
Mkt cap ! $2.222B
Open High Low Value Volume
$19.60 $19.78 $19.35 $4.324M 221.6K

Buyers (Bids)

No. Vol. Price($)
2 594 $19.30
 

Sellers (Offers)

Price($) Vol. No.
$19.42 461 3
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
PPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.