BRIEF-Perpetual Ltd Announces Termination Of Scheme With KKR

Reuters

2025/02/24

BRIEF-<a href="https://laohu8.com/S/PPTTF">Perpetual Ltd</a> Announces Termination Of Scheme With KKR

Feb 24 (Reuters) - Perpetual Ltd PPT.AX:

TERMINATION OF SCHEME WITH KKR
BOARD HAS WITHDRAWN ITS RECOMMENDATION IN FAVOUR OF SCHEME AND SCHEME IMPLEMENTATION DEED $(SID)$ HAS BEEN TERMINATED
INDEPENDENT EXPERT CONCLUDES THAT SCHEME AGREED WITH KKR ON 8 MAY 2024 IS NOT IN BEST INTERESTS OF SHAREHOLDERS
NO ALTERNATIVE TRANSACTION HAS BEEN AGREED
HAS ALSO DETERMINED TO PURSUE A SALE OF WEALTH MANAGEMENT BUSINESS
ON COMPLETION OF 1H25 RESULTS, GREGORY COOPER WILL BECOME CHAIRMAN

Further company coverage: PPT.AX

((Reuters.Briefs@thomsonreuters.com;))

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