PDL pendal group limited
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News: PDL Pendal Group Says Takeover Offer From Perpetual Not In Best Interests Of Shareholders

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    12/04/22
    08:50
    Post #: 60797636

    April 12 (Reuters) - Pendal Group Ltd (PDL) :

    • BOARD DETERMINES CONDITIONAL, NON-BINDING INDICATIVE OFFER IS NOT IN BEST INTERESTS OF SHAREHOLDERS
    • UNANIMOUSLY DETERMINED THAT IT SIGNIFICANTLY UNDERVALUES CURRENT AND FUTURE VALUE OF PENDAL
    • REFERS TO CONDITIONAL, NON-BINDING INDICATIVE OFFER RECEIVED FROM PERPETUAL LIMITED
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