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BOARD HAS WITHDRAWN ITS RECOMMENDATION IN FAVOUR OF SCHEME AND SCHEME IMPLEMENTATION DEED $(SID)$ HAS BEEN TERMINATED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
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