And this is why using AI (regardless of the source) is useless...
KKR's holding in PPM is via their credit arm, not their PE business.
Several journos linked PPM to Latitude as long ago as 2021, but nothing has eventuated - for VERY good reason. And the synergies with a wealth management business is even less - I mean, haven't we just witnessed the Big 4s doing a major mea culpa by exiting wealth??? Why would any non bank lender get into bed with a regulator they have no dealings with.
Just because KKR is on someone's register does NOT mean its a good fit.
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Last
$3.52 |
Change
-0.080(2.22%) |
Mkt cap ! $2.360B | |||
| Open | High | Low | Value | Volume |
| $3.57 | $3.57 | $3.48 | $7.580M | 2.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15629 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.52 | 39699 | 8 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |