PDL pendal group limited
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April 12 (Reuters) - Pendal Group Ltd (PDL) said on Tuesday the...

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    12/04/22
    08:50
    Post #: 60797642

    April 12 (Reuters) - Pendal Group Ltd (PDL) said on Tuesday the A$2.40 billion ($1.78 billion) non-binding takeover offer from asset manager Perpetual Ltd (PPT) "significantly undervalued" the Australian investment manager.

    Pendal added that the offer was not in the best interests of its shareholders.

    ($1 = 1.3477 Australian dollars)

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