https://www.copyright link/companie...-deal-abandon-empire-building-20220907-p5bg33
Perpetual’s board should heed the fund manager’s sinking share price and abandon its agreed deal with rival Pendal Group, instead putting the group’s corporate trust business up for sale, a leading analyst says.
Anybody agree?
Seems obvious they should pull the pin on PDL to me, but also seemed obvious they shouldn't buy those fundies as well, swimming out of their duck pond into the sea and claiming to be Neptune.
Ann: FY22 Result Announcement, page-35
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