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EQT Raises Takeover Offer for Australia Wealth Manager Perpetual

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EQT Raises Takeover Offer for Australia Wealth Manager Perpetual Perpetual Ltd. has received a sweetened takeover bid from a company operated by Swedish private equity firm EQT AB. The offer of A$22.50 per share marks an increase of about 2% from a prior bid of A$22.07 announced earlier in July and 4% higher than an initial offer of A$21.64 per share, Perpetual said in a statement.

EQT Raises Takeover Offer for Australia Wealth Manager Perpetual Perpetual Ltd. has received a sweetened takeover bid from a company operated by Swedish private equity firm EQT AB. The offer of A$22.50 per share marks an increase of about 2% from a prior bid of A$22.07 announced earlier in July and 4% higher than an initial offer of A$21.64 per share, Perpetual said in a statement.
Australia (LOCATION) Swedish (ORG) EQT AB (ORG)
Originally published by Bloomberg Markets Read original →