Perpetual, KKR

Australia’s Perpetual Ends Talks With KKR Over $1.39B Asset Sale
Australia’s Perpetual ended talks with KKR about a potential asset sale to the U.S. buyout firm, and will instead look to hold onto its corporate trust unit.
Perpetual kills off plan to sell trust and wealth unit to KKR
The 139-year-old conglomerate had proposed the sale to the private equity giant more than a year ago. It will try to sell wealth management separately.
Perpetual secures revised offer from KKR for wealth and corporate trust units
Negotiations on the financial details of the updated proposal are ongoing, with shareholder profits still to be finalised.
Australia's Perpetual ends talks with KKR on $1.4 billion sale of wealth, trust units
Australia's Perpetual Ltd has terminated talks with KKR for the A$2.2 billion ($1.4 billion) sale of its wealth management and corporate trust units and said it would pursue a sale of its wealth management business separately.
Perpetual Ends Talks with KKR, Pursues Wealth Management Sale Separately
Australian fund manager Perpetual Ltd has officially ended discussions with private equity giant KKR regarding the sale of its wealth management and corporate trust units. The company cited shareholder interests as
Australia’s Perpetual turns down KKR’s takeover bid
Perpetual will continue its business separation programme and implement a new operating model for asset management, focusing on organic growth and cost reduction. In addition to t
Financial Standard2h
Perpetual profits dented after KKR deal goes up in smoke
Perpetual's net profit after tax (NPAT) crumbled because of its simplification program, strategic review, and the fallout from its dead KKR deal.
Failed KKR deal hits Perpetual profit
Perpetual has posted a 65 per cent plunge in net profit, largely due to its strategic review, failed scheme of arrangement ...
No Deal: Perpetual shares slide as KKR offer terminated
Perpetual shares have dropped from the open today as the company's potential deal with KKR is called off. Let's dive in.
KKR rolls the dice with bigger Perpetual offer
Sources close to the suitor said the Perpetual board was bunkered down on Sunday to deliberate the new offer. All eyes are on ...
Bloomberg L.P.3d
Perpetual to Pursue Wealth Management Sale, Rejects KKR Deal
Perpetual Ltd. said it will pursue the sale of its wealth management business after rejecting the latest offer from KKR & Co., as the Australian financial services firm attempts to lure new offers ...
Financial Standard3d
Perpetual calls off KKR deal
Perpetual has ended KKR's courtship of its wealth management and corporate trust operations, blaming the massive tax bill the transaction would incur, saying there was no way of getting around it.
Perpetual walks away from KKR deal
Perpetual has walked away from its $2.18bn break-up deal with KKR after rejecting the private equity giant’s last-ditch offer ...
capitalbrief6h
Perpetual reports 65% drop in first-half profit as KKR termination costs weigh
Fund manager Perpetual reported a 65% slide in first-half net profit to $12 million, impacted by a $25.5 million impairment ...