PDL pendal group limited
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News: PDL Perpetual Says Acquisition Of Pendal Targeted To Be Implemented By Late 2022/Early 2023

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    25/08/22
    11:15
    Post #: 63315325

    Aug 25 (Reuters) - Perpetual Ltd (PPT) :

    • ACQUISITION OF PENDAL TARGETED TO BE IMPLEMENTED BY LATE CALENDAR YEAR 2022/EARLY 2023
    • ACQUISITION IS EXPECTED TO REALISE A$60M OF ANNUAL PRE-TAX SYNERGIES WITHIN FIRST TWO YEARS
    • ACQUISITION EXPECTED TO DELIVER DOUBLE DIGIT EPS ACCRETION FOR PERPETUAL SHAREHOLDERS IN 12 MONTHS POST IMPLEMENTATION
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