PDL 0.00% $5.18 pendal group limited

Share price to jumpAs flagged by Street TalkPerpetual will now...

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    Share price to jump
    As flagged by Street Talk
    Perpetual will now offer one of its shares and $1.65 in cash for every seven Pendal shares, which values Pendal shares at about $6.16, just below the implied value of the original offer of one Perpetual share and $1.976 cash for every Pendal share.Perpetual shares last traded at $31.58, and Pendal shares at $4.46.Perpetual sought a delay to the dispatch of scheme booklets as it considered a separate $33 a share offer from Regal Partners and Swedish private equity group
    Last edited by colinchi: 17/11/22
 
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