Correct, they attempted to T/O PPT but got rejected. Then KKR came in with a better bid to buy PPT which SOL was happy with.
SOL has nearly 15% voting right/ownership of PPT.
https://www.copyright link/companies/financial-services/perpetual-backer-soul-patts-says-board-got-a-good-price-out-of-kkr-20240509-p5jb7t
A Passive investment OR not?, page-3
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 (20min delay)
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Last
$41.92 |
Change
0.390(0.94%) |
Mkt cap ! $15.42B | |||
| Open | High | Low | Value | Volume |
| $41.61 | $42.00 | $41.41 | $8.194M | 195.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 346 | $41.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.93 | 172 | 10 |
View Market Depth
| Last trade - 14.18pm 26/06/2025 (20 minute delay) ? |
| SOL (ASX) Chart |