SOL News: Financial Services Roundup: Market Talk - 14th Dec 2023, 11:19pm

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2236 GMT – It seems unlikely that Washington H. Soul Pattinson is about to walk away from its bid for Australian wealth manager Perpetual says Bell Potter analyst Marcus Barnard in a note. This comes after WHSP increased its “relevant interest” in Perpetual up to 11.66%. BP reckons that WHSP would be putting pressure on Perpetual management and possibly other shareholders to accept their offer, or considering what sort of higher offer might get approval.

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