** Shares of financial services firm Perpetual PPT.AX fall 3.5% to A$22.930

** Co announces that it has terminated talks with KKR KKR.N for the A$2.2 billion ($1.78 billion) sale of its wealth management and corporate trust units

** Co adds it was "determined to pursue a sale of the wealth management business"

** Stock on track for steepest intraday pct drop since December 10, 2024

** Stock up 14.7% YTD, including session's moves

($1 = 1.5706 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))