Perpetual Limited
The tax bill that could sink a blockbuster takeover of Australian wealth powerhouse
A hefty $500 million tax bill has threatened to scupper a multibillion-dollar deal between 138-year-old Perpetual and a private equity firm.
- by Sumeyya Ilanbey
Latest
Opinion
Investing
Decline of 138-year-old wealth icon shows bigger isn’t always better
Gobbling up other fund managers wasn’t enough to shield Perpetual from the headwind buffeting stock pickers.
- by Clancy Yeates
Opinion
Mergers & acquisitions
‘A joke’: The $2.2b deal with no detail that has left investors fuming
Hostilities have broken out over wealth powerhouse Perpetual’s deal to sell two of its major divisions and brand to private equity giant KKR.
- by Elizabeth Knight
Perpetual board’s ‘not going to be the master of their own destiny’
Perpetual’s board and management have come under fire from former star employees who say strategic and financial decisions have made the diversified financial group an attractive takeover target.
- by Anne Hyland
Soul Pattinson in $3 billion bid for Perpetual as split on the cards
Fund manager Perpetual could spin off its corporate trust and wealth management divisions as the company looks to focus on its flagship asset management business.
- by Millie Muroi
Perpetual boss says volatility can help stockpickers as merger closes
Perpetual started a new chapter through its merger with Pendal on Monday, in a deal that has faced scepticism from some in financial markets.
- by Clancy Yeates
Analysis
The Long and Short of It
Can a dramatic $201b merger keep fund manager Perpetual in motion?
With Perpetual’s share price being buffeted by recent events, is the historic fund manager a good investment?
- by Simone Fox Koob
Updated
Mergers & acquisitions
Perpetual takeover hopes fade as court ruling firms up Pendal deal
A NSW Supreme Court ruling has made it harder for potential bidders to make a play for Perpetual.
- by Clancy Yeates
Perpetual says Pendal deal ‘compelling’ but it has an out
Perpetual boss Rob Adams insists the fund manager’s planned merger with Pendal is still a goer, despite growing market scepticism that the tie-up is in trouble.
- by Clancy Yeates
Updated
Mergers & acquisitions
Market bets Perpetual’s tie-up with Pendal on the rocks
Investors are betting Perpetual’s plan to buy rival fund manager Pendal could fall over, after Regal Partners and a private equity firm raised their bid for Perpetual.
- by Clancy Yeates
Updated
Mergers & acquisitions
‘Throwing a cat among the pigeons’: Perpetual turns from predator to prey
An opportunistic takeover bid for fund manager Perpetual has raised the possibility of an alternative direction for the business, which has been busy expanding its footprint.
- by Simone Fox Koob and Clancy Yeates
Original URL: https://www.smh.com.au/topic/ppt-16y