BRIEF-Perpetual Updates On ATO Views On Tax Treatment Of KKR Deal

Reuters
10 Dec 2024
BRIEF-Perpetual Updates On ATO Views On Tax Treatment Of KKR Deal

Dec 10 (Reuters) - Perpetual Ltd PPT.AX:

  • UPDATE ON SCHEME WITH KKR

  • ATO PROVIDES VIEWS ON TAX TREATMENT OF PERPETUAL-KKR DEAL

  • PRIMARY TAX LIABILITY FOR PERPETUAL ESTIMATED AT A$488 MILLION

  • ESTIMATED CASH PROCEEDS TO SHAREHOLDERS REDUCED TO A$5.74 TO A$6.42 PER SHARE

  • AUM INCREASES BY 3% TO A$222.3 BILLION IN Q1 FY25

  • PERPETUAL AND KKR ARE ENGAGING TO CONSIDER POTENTIAL IMPACT ON TRANSACTION

Further company coverage: PPT.AX

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

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