Australia's Perpetual ends talks with KKR for its wealth, trust units

Reuters
24 Feb
Australia's Perpetual ends talks with KKR for its wealth, trust units

Feb 24 (Reuters) - Australia's Perpetual Ltd PPT.AX on Monday said it has terminated its support for a takeover deal with buyout firm KKR KKR.N for its wealth management and corporate trust businesses, after an independent expert deemed it not in the best interests of shareholders.

(Reporting by Roshan Thomas in Bengaluru, editing by Deepa Babington)

((Roshan.Thomas@thomsonreuters.com;))

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