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Perpetual Limited (PPT.AX)

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23.76

-0.24

(-1.00%)

At close: February 21 at 4:10:57 PM GMT+11

Australia's Perpetual gets new offer from KKR for its wealth, trust units

(Reuters) -Australia's Perpetual confirmed on Monday it received a revised proposal for its wealth management and corporate trust businesses from buyout firm KKR & Co, but said the offer includes commercial terms that still need to be finalised. An A$2.2 billion ($1.40 billion) deal with the buyout firm for those businesses has been on the back burner over the past two months after Perpetual received a much higher than expected tax bill. The company said in December the estimated cash proceeds from the deal would reduce because of the tax bill to A$5.74 to A$6.42 apiece from the previously expected range of A$8.38 to A$9.82 apiece.

Reuters 6 days ago

PPT.AX
-1.00%
KKR
Perpetual (ASX:PPT) investors are sitting on a loss of 28% if they invested five years ago

For many, the main point of investing is to generate higher returns than the overall market. But even the best stock...

Simply Wall St. 2 months ago

PPTTF
While institutions own 38% of Perpetual Limited (ASX:PPT), individual investors are its largest shareholders with 48% ownership

Key Insights Perpetual's significant individual investors ownership suggests that the key decisions are influenced by...

Simply Wall St. 4 months ago

PPTTF
Perpetual (ASX:PPT) Will Pay A Smaller Dividend Than Last Year

Perpetual Limited's ( ASX:PPT ) dividend is being reduced from last year's payment covering the same period to A$0.53...

Simply Wall St. 5 months ago

PPTTF
Perpetual Full Year 2024 Earnings: EPS Misses Expectations

Perpetual ( ASX:PPT ) Full Year 2024 Results Key Financial Results Revenue: AU$1.36b (up 31% from FY 2023). Net loss...

Simply Wall St. 5 months ago

PPTTF
Shareholders in Perpetual (ASX:PPT) are in the red if they invested five years ago

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Simply Wall St. 8 months ago

PPTTF
Perpetual Limited's (ASX:PPT) largest shareholders are retail investors with 43% ownership, institutions own 41%

Key Insights The considerable ownership by retail investors in Perpetual indicates that they collectively have a...

Simply Wall St. 9 months ago

PPTTF
Why It Might Not Make Sense To Buy Perpetual Limited (ASX:PPT) For Its Upcoming Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Perpetual...

Simply Wall St. 11 months ago

PPT.AX
-1.00%

Performance Overview

Return	PPT.AX	S&P/ASX 200 [XJO]
YTD	+19.46%	+1.68%
1-Year	-0.85%	+9.00%
3-Year	-19.29%	+15.85%

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Perpetual Limited (PPT.AX)

Australia's Perpetual gets new offer from KKR for its wealth, trust units

Perpetual (ASX:PPT) investors are sitting on a loss of 28% if they invested five years ago

While institutions own 38% of Perpetual Limited (ASX:PPT), individual investors are its largest shareholders with 48% ownership

Perpetual (ASX:PPT) Will Pay A Smaller Dividend Than Last Year

Perpetual Full Year 2024 Earnings: EPS Misses Expectations

Shareholders in Perpetual (ASX:PPT) are in the red if they invested five years ago

Perpetual Limited's (ASX:PPT) largest shareholders are retail investors with 43% ownership, institutions own 41%

Why It Might Not Make Sense To Buy Perpetual Limited (ASX:PPT) For Its Upcoming Dividend

Performance Overview