** Perpetual PPT.AX gains 1.3% to A$23.600
** Stock rose as much as 1.9% to A$23.731 earlier in the session, highest since May 8, 2024
** Fund manager confirms sweetened indicative buyout offer from private equity firm KKR & Co KKR.N after media reports
** In December 2024, KKR had offered A$2.2 bln ($1.4 bln) bid
** PPT says offer includes commercial terms that still need to be finalised; did not disclose financials details
** Stock rises ~19% YTD
($1 = A$1.5731)
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))