
Perpetual secures revised offer from KKR for wealth and corporate trust units
Australia-based Perpetual has got a new proposal for its wealth management and corporate trust businesses from an affiliate of Kohlberg Kravis Roberts & Co. (KKR). In December 2024, Perpetual disclosed that the estimated cash proceeds from the A$2.2bn ($1.40bn) deal would be reduced due to the unexpected tax bill, with share prices potentially dropping to…