May 8 (Reuters) - Perpetual Ltd (PPT) : PERPETUAL CONCLUDES...

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    May 8 (Reuters) - Perpetual Ltd (PPT) :

    • PERPETUAL CONCLUDES STRATEGIC REVIEW
    • PERPETUAL TO BECOME A STANDALONE, GLOBAL MULTI-BOUTIQUE ASSET MANAGEMENT BUSINESS
    • ENTERED INTO A SCHEME IMPLEMENTATION DEED WITH AN AFFILIATE OF KOHLBERG KRAVIS ROBERTS & CO. L.P.
    • AFFILIATE OF KOHLBERG KRAVIS ROBERTS & CO. L.P. WHO WILL ACQUIRE 100% OF TWO BUSINESSES VIA A SCHEME OF ARRANGEMENT
    • GROUP MANAGING DIRECTOR AND CEO, ROB ADAMS WILL RETIRE FOLLOWING A PERIOD OF ORDERLY TRANSITION UPON COMPLETION
    • DEAL FOR TOTAL CASH CONSIDERATION OF A$2.175 BILLION
    • KRAVIS ROBERTS & CO WILL ACQUIRE 100% OF TWO BUSINESSES VIA A SCHEME OF ARRANGEMENT (SCHEME) FOR A$2.175 BILLION
    • PERPETUAL'S BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE IN FAVOUR OF SCHEME SUBJECT TO THERE BEING NO SUPERIOR PROPOSAL
    • SCHEME IS SUBJECT TO PERPETUAL SHAREHOLDER VOTE AND IF IMPLEMENTED, PERPETUAL SHAREHOLDERS ARE EXPECTED TO RECEIVE CASH PROCEEDS
    • COMPLETION IS ANTICIPATED TO OCCUR IN FEBRUARY 2025

    (([email protected];))

 
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(20min delay)
Last
$19.84
Change
-0.090(0.45%)
Mkt cap ! $2.275B
Open High Low Value Volume
$19.97 $20.10 $19.71 $4.073M 205.2K

Buyers (Bids)

No. Vol. Price($)
1 1100 $19.84
 

Sellers (Offers)

Price($) Vol. No.
$19.87 616 2
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Last trade - 16.10pm 08/09/2025 (20 minute delay) ?
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