Perpetual’s Tony D’Aloisio-chaired board is digging its heels in on KKR’s recut $2.2 billion offer to carve out the 139-year-old giant’s corporate trustee and wealth units.
New Perpetual CEO Bern Reilly (right) was not supposed to inherit a mess. But he has. Louise Kennerley
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
